Six South Korean banks made the global top 100 banks list, though none of them were included in the top 50 bracket, data showed Tuesday.
The six South Korean banks in the top 100 are KB Financial Group, Shinhan Financial Group, Hana Financial Group, Woori Bank, Nonghyup Financial Group and the Industrial Bank of Korea, according to an analysis of data of Bankscope, a global database on information about banks worldwide.
The list is based on Tier 1 capital, a core measure of a bank's financial strength.
By country, 20 American banks made the global top 100 banks list, followed by 10 Chinese banks.
The average loans-to-assets ratio of the global top 100 banks is 53 percent, compared with 68 percent of the six South Korean banks in the top 100 list. It means the South Korean banks loaned higher than the global average. (Yonhap)
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