Tier 1 capital ratio of Kakao Bank FY 2017-2021
In fiscal year 2021, Kakao Bank's tier 1 capital ratio reached about 23.92 percent, up from about 19.55 percent in the previous year. With this, Kakao Bank exceeded the 8.5 percent tier minimum (including 2.5 percent capital conservation buffer) required under Basel III and was one of the banks with the highest capital adequacy ratios (CAR) in South Korea.
