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![Financial conglomerates' capital adequacy ratio improved in the first half of this year, data from the Financial Supervisory Service showed. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2023/11/08/23125b03-a029-4892-bf70-9fe26a8b806b.jpg)
Financial conglomerates’ capital adequacy ratio improved in the first half of this year, data from the Financial Supervisory Service showed. [YONHAP]
Financial conglomerates’ capital adequacy ratio improved in the first half of this year, as a new accounting rule helped their insurance units solidify capital structure, data showed Wednesday.
The average capital adequacy ratio of seven financial conglomerates – Samsung, Hanwha, Mirae Asset, Kyobo, Hyundai Motor, DB and DaouKiwoom — stood at 196.6 percent as of June, compared to 187.6 percent six months ago, according to the data from the Financial Supervisory Service (FSS).
The tally is a version where risk-weighted assets are reflected in the capital adequacy ratio.
When the risk-weighted assets were not reflected, the adequacy ratio was 190.7 percent as of June, the FSS said.
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