South Korean banks' capital strength increased, with adequacy ratios rising for the second quarter.

South Korean banks' capital adequacy improved for the second straight quarter, reaching 15.85% in September, up 0.09 percentage points. This growth was driven by slower asset risk increases and higher capital, with net income at 8.2 trillion won in Q3. The tier-1 and common equity tier-1 capital ratios also rose to 14.65% and 13.33%, respectively, both above regulatory requirements.

November 27, 2024
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