BNM: Malaysia’s banking system remained well-capitalised in H1 2023

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BNM: Malaysia’s banking system remained well-capitalised in H1 2023
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KUALA LUMPUR, Oct 9 — Malaysia’s banking system remained well-capitalised throughout the first half of 2023 (H1 2023), with the banks continuing to maintain strong liquidity...

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“The total capital ratio stood at 18.5 per cent at end-June 2023 with capital buffers of RM138.5 billion in excess of the regulatory minimum. Deputy Governor Jessica Chew said financial institutions are also making progress in aligning business operations with environmental and sustainability goals. BNM said despite continued heightened volatility in the global financial markets, domestic market conditions remain orderly, reflecting the smooth intermediation of two-way flows in the bond and equity markets.

According to the report, although domestic business activity has improved considerably in H1 2023, recovery remains uneven as certain sectors continue to face challenges arising from elevated input costs and weak external demand.

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