South Korean banks' capital adequacy ratio reached 15.76% in Q2 2021 due to slower risk-weighted asset growth and higher capital.
South Korean banks' capital adequacy ratio rose to 15.76% in Q2 2021 due to slower growth in risk-weighted assets and higher capital, according to the Financial Supervisory Service. This increase was attributed to a surge in bank profits, with net income growing from 7 trillion won in Q1 to 9 trillion won in Q2. The tier-1 and common equity tier-1 capital ratios also advanced from the previous quarter.
August 28, 2024
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