Malaysia's banking system remained well capitalised in 1H23 - Bank Negara

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Malaysia's banking system remained well capitalised in 1H23 - Bank Negara
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PETALING JAYA: From cleaning their water storage tanks to rescheduling medical appointments, business owners and households are preparing for a scheduled water cut in Klang Valley tomorrow.

Deputy Governor Jessica Chew said financial institutions are also making progress in aligning business operations with environmental and sustainability goals

"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 1H 2023, recovery remains uneven as certain sectors continue to face challenges arising from elevated input costs and weak external demand.

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