Wong: We expect competition for retail and SME deposits to persist.’
PETALING JAYA: The Malaysian banking system’s liquidity is sound as the liquidity coverage ratio (LCR) exceeds the minimum of 100%, says RAM Rating Services Bhd.
RAM Ratings’ co-head of financial institution ratings, Wong Yin Ching said the banking sector’s Basel III LCR had averaged 125% since its implementation and stood at 128% as at end-January 2017.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
