Banks In Malaysia Maintain Sufficient Liquidity

Banks In Malaysia Maintain Sufficient Liquidity

KUALA LUMPUR, Malaysia, Feb 28 (NNN-BERNAMA) – Banks in Malaysia have maintained sufficient liquidity to support inter-mediation and meet exigent needs, Bank Negara Malaysia (BNM) said, in its “Monthly Highlights-January 2019” report, released today.

BNM said, the country’s banking system liquidity coverage ratio (LCR) stood at 144.3 percent, with all banks recording LCR levels of above 100 percent.

The Basel III LCR has been phased in, since Jun, 2015, with initial compliance set at 60 percent and progressive increments of 10 percent each year.– NNN-BERNAMA

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