Islamic banks to gain from better LCR


KUALA LUMPUR: The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, says Maybank Investment Bank (Maybank IB) Research.

In a note, the research house said that from a pre-pandemic average of about 152%, the average LCR for Islamic banks dipped to a low of about 127% in October 2022.

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

Next In Business News

Moody’s: South, Southeast Asia credit outlook stable despite US dollar strength
South Korea's KOSPI craters over 8% as Fed fears spark tech rout
Gold extends losses on US interest rate-hike fears
OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO
Yuan brushes off dollar strength, trade data eyed
Supply crisis to push costs beyond oil prices, whole-of-nation response needed

Others Also Read