KUALA LUMPUR: The banking system recorded an excess capital buffer of RM133.3 billion in August 2023, Bank Negara Malaysia (BNM) said. In August 2023 ...
: The banking system recorded an excess capital buffer of RM133.3 billion in August 2023, Bank Negara Malaysia said.
“Loan loss coverage ratio remains at a prudent level of 115.0 per cent of impaired loans, with total provisions accounting for 1.6 per cent of total loans,” it said. “As a result, the ringgit depreciated against the US dollar by 2.1 per cent while the FBM KLCI declined by 0.5 per cent. 10-year Malaysian Government Securities yields remain unchanged in August,” it said.
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