ID :
205425
Tue, 09/06/2011 - 06:53
Auther :
Shortlink :
https://oananews.org//node/205425
The shortlink copeid
S. Korean bank holding firms' capital ratio hits new high in Q2
SEOUL, Sept. 6 (Yonhap) -- The capital adequacy ratio of South Korean bank holding companies rose to a fresh high in the second quarter, helped by robust profits, the financial regulator said Tuesday.
The average capital adequacy ratio of nine local bank holding companies, including top player Woori Finance Holdings Co., came to 13.78 percent as of the end of June, up from a revised 13.54 percent three months ago, according to the Financial Supervisory Service (FSS).
The rise came as bank holding firms' equity capital rose 2.8 percent on-quarter to 3.6 trillion won (US$3.4 billion), thanks to the rosy earnings results of their affiliates, the FSS said.
By banking group, state-run KDB Financial Group Inc. topped the list with 16.65 percent, followed by BS Financial Group Inc. at 15.94 percent.
The figure for Woori Finance, however, ranked at the bottom at 12.38 percent, according to the FSS.
The regulator said local bank holding firms' capital adequacy ratios have been improving both in quantity and quality, but added it plans to continue to monitor and instruct banks in a bid to help them brace against lingering market uncertainties.
The average capital adequacy ratio of the world's top 20 banks and bank holding firms stands at 14.69 percent, according to the watchdog.
The average capital adequacy ratio of nine local bank holding companies, including top player Woori Finance Holdings Co., came to 13.78 percent as of the end of June, up from a revised 13.54 percent three months ago, according to the Financial Supervisory Service (FSS).
The rise came as bank holding firms' equity capital rose 2.8 percent on-quarter to 3.6 trillion won (US$3.4 billion), thanks to the rosy earnings results of their affiliates, the FSS said.
By banking group, state-run KDB Financial Group Inc. topped the list with 16.65 percent, followed by BS Financial Group Inc. at 15.94 percent.
The figure for Woori Finance, however, ranked at the bottom at 12.38 percent, according to the FSS.
The regulator said local bank holding firms' capital adequacy ratios have been improving both in quantity and quality, but added it plans to continue to monitor and instruct banks in a bid to help them brace against lingering market uncertainties.
The average capital adequacy ratio of the world's top 20 banks and bank holding firms stands at 14.69 percent, according to the watchdog.
