KUALA LUMPUR, March 29 ― The banking system remained well-capitalised throughout the second half of 2022 (2H 2022), bolstering the bank’s capacity to support lending...
KUALA LUMPUR, March 29 ― The banking system remained well-capitalised throughout the second half of 2022 , bolstering the bank’s capacity to support lending activity and absorb unexpected losses.
“This in turn will continue to support credit to the economy and preserve banks’ capacity to absorb unexpected losses,” said the central bank, adding that active risk management and hedging by banks would also help mitigate the impact of volatile market conditions on their capital positions. The report said returns on assets and equity of the banking system correspondingly improved to 1.4 per cent and 12.4 per cent respectively, while market valuations of listed banks, as measured by the price-to-book and price-to-earnings ratios also trended higher to 0.9 and 12.2 as at December 2022.
According to the report, the Net Stable Funding Ratio and Liquidity Coverage Ratio remained healthy, at 118.2 per cent and 154.0 per cent as at December 2022 respectively. In line with the improvements observed in overall repayment trends, some banks have written back provisions assigned through management overlays during the pandemic for retail borrowers with good repayment behaviour, it said.
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