Malaysia's banking system remained well-capitalised in 2H22 - Bank Negara
The Star
2023-03-29
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The banking system remained well-capitalised throughout the second half of 2022 (2H 2022), bolstering the bank’s capacity to support lending activity and absorb unexpected losses.
BNM governor Tan Sri Nor Shamsiah Mohd Yunus on Wednesday (March 29) said the banking system’s total capital ratio remained strong at 18.8 per cent in December 2022 compared to 18.4 per cent in June 2022, with capital buffers of RM134.8 billion in excess of the regulatory minimum.
The central bank also said the latest solvency stress test exercises affirmed that banks can withstand significant macroeconomic and financial shocks, and are well-positioned to sustain lending to businesses and households.
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BNM governor Tan Sri Nor Shamsiah Mohd Yunus on Wednesday (March 29) said the banking system’s total capital ratio remained strong at 18.8 per cent in December 2022 compared to 18.4 per cent in June 2022, with capital buffers of RM134.8 billion in excess of the regulatory minimum.
The central bank also said the latest solvency stress test exercises affirmed that banks can withstand significant macroeconomic and financial shocks, and are well-positioned to sustain lending to businesses and households.
Read more at https://bit.ly/3FZC6zs
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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