S. Korea’s non-financial sector assets increase in Q2

South Korea domestic non-financial sector’s total financial assets reached 12,123.7 trillion won in the second quarter, up by 199.0 trillion won from the previous quarter, according to the Bank of Korea (BOK) report on Monday.

Total financial liabilities (excluding equity and foreign direct investment) rose by 93.1 trillion won during the same period.

The ratio of financial assets to liabilities in the domestic non-financial sector improved slightly from 1.59 to 1.60. For households and non-profit institutions serving households, the ratio increased marginally from 2.30 to 2.32.

Attribution: Bank of Korea preliminary report

Subediting: M. S. Salama