April 24, 2024
Finance
Banks’ capital adequacy ratio improves in Q1
[THE INVESTOR] Korean banks saw their financial health improve slightly in the first quarter of this year, the financial regulator said on June 1.
The average capital adequacy ratio of 17 commercial and state-run banks stood at 15.14 percent as of end-March, up 0.33 percentage point from the previous quarter, according to the Financial Supervisory Service.
The regulator attributed a rise in the capital adequacy ratio to a decline in risk-weighted assets.
Citibank Korea posted the highest capital ratio of 18.91 percent, while the state-run Korea Export-Import Bank logged the lowest ratio of 11.89 percent.
By Alex Lee and newswires (alexlee@heraldcorp.com)
The average capital adequacy ratio of 17 commercial and state-run banks stood at 15.14 percent as of end-March, up 0.33 percentage point from the previous quarter, according to the Financial Supervisory Service.
The regulator attributed a rise in the capital adequacy ratio to a decline in risk-weighted assets.
Citibank Korea posted the highest capital ratio of 18.91 percent, while the state-run Korea Export-Import Bank logged the lowest ratio of 11.89 percent.
By Alex Lee and newswires (alexlee@heraldcorp.com)
