Bank of Korea expresses macroprudential concerns
Korean central bank releases semi-annual financial stability report
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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