Malaysia's top 3 banks need to maintain higher than normal capital needs


In introducing a new framework, the central bank has identified Malayan Banking Bhd (Maybank), CIMB Group Holdings Bhd and Public Bank Bhd as those falling into the domestic systemically important banks (D-SIBs).

PETALING JAYA: Malaysia’s top three banks would need to maintain higher than normal capital requirements in order to mitigate risks to the overall banking system, said Bank Negara.

In introducing a new framework, the central bank has identified Malayan Banking Bhd (Maybank), CIMB Group Holdings Bhd and Public Bank Bhd as those falling into the domestic systemically important banks (D-SIBs).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil prices recover, stocks wobble as investors weigh geopolitics, US data
Ringgit opens firmer against US$, major currencies
FBM KLCI falls as bearish momentum picks up
Samsung expects Q4 operating profit to triple to record high on chip shortage
Trading ideas: Hibiscus, A1, Paramount, Vantris, Tien Wah, LGMS, Oriental, Sentoria, Sinmah, Central Global, Kee Ming, Hock Soon, Adnex
S&P 500 ends lower, AI stocks buoy Nasdaq
REITs to gain from tourism, industrial growth
Bioeconomy Corp’s RM40bil contribution
Local glovemakers see steady profitability
Ringgit eases against the greenback

Others Also Read