SKorean banks' capital adequacy ratio up in Q2

By Xinhua News Agency

Sep 05, 2023 12:16 am

SEOUL: South Korean banks' capital adequacy ratio edged up in the second quarter, owing to a faster increase in capital than risk-weighted assets, financial watchdog data showed on Monday.

The total capital ratio for 28 banks, bank holding companies, and internet-only banks under the Bank for International Settlements framework averaged 15.62 percent at the end of June, up 0.01 percentage point from three months earlier, according to the Financial Supervisory Service.

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