emirates7 - Banks in South Korea experienced a slight increase in their capital adequacy ratio during the first quarter of the year, according to data released Thursday.

Preliminary figures from the Financial Supervisory Service (FSS) revealed that the average capital adequacy ratio for 17 commercial and state-run banks reached 15.68 percent at the end of March, up from 15.60 percent at the end of the previous quarter.

The capital adequacy ratio, a crucial indicator of a bank’s financial stability, reflects the proportion of a bank’s capital relative to its risk-weighted assets, as reported by Yonhap News Agency.