Bank of Korea expresses macroprudential concerns

Korean central bank releases semi-annual financial stability report

Bank of Korea, Seoul
Bank of Korea

The Korean financial system is "generally" stable but is "in part unsatisfactory from the standpoint of macro-prudential soundness" according to the Bank of Korea's latest financial stability report, published yesterday.

The semi-annual report finds that financial markets have been "showing trends of stability" and that – although their profitability has dipped – banks' capital adequacy is "satisfactory".

Economic growth is picking up in South Korea, but the central bank believes this is not yet

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