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financial conglomerates-capital adequacy

Financial conglomerates' capital adequacy improves in H1

SEOUL, Nov. 8 (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 with 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 were 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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