FSC Identifies D-SIBs for 2017Dec 29, 2016

The FSC identified domestic systemically important banks (D-SIBs) for 2017: Shinhan Financial Group, Hana Financial Group, KB Financial Group, NH Financial Group and Woori Bank.

Those selected as D-SIBs are required to hold an extra capital of 1%, by 0.25% per year in from 2016 to 2019.

※ The average BIS ratios for banks and bank holding companies at the end of September 2016 exceed the minimum requirements; therefore, there is no actual burden at present for D-SIBs to set aside additional capital.

The FSC selects D-SIBs every year from 2016 in accordance with assessment criteria proposed by the Basel Committee on Banking Supervision (BCBS).

*Please read the attached file for details. 

 

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