BNM's liabilities arise mainly from deposits by financial institutions (RM221.89bil) and currency in circulation (RM162.07bil).
Its liabilities arise mainly from deposits by financial institutions and currency in circulation , BNM said in its Annual Report 2022 released here today.
Against this, BNM incurs expenses to manage and administer its operations and expenses to finance developmental and long-term projects in line with its principal objects and functions . In 2022, total recurring and development expenditures amounted to RM1.48 billion . In 2022, BNM generated RM6.99 billion in net profit .
"As the global economy is expected to remain challenging, it is imperative for the bank to continue to strengthen its Risk Reserve and thus, build buffers against future financial market volatility and economic shocks.”
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