KUALA LUMPUR: Solvency and liquidity stress tests continue to affirm that banks in the country remain highly resilient in the face of severe macroecon...
The latest macro solvency stress test was conducted in early 2024, covering a three-year horizon up to end-2026. – BernamapicSolvency and liquidity stress tests continue to affirm that banks in the country remain highly resilient in the face of severe macroeconomic, financial and liquidity shocks.
“However, net interest income is expected to gradually rebound in the subsequent years, leading to a recovery in profits and capital buffers,” it said in its Financial Stability Review for the second half of 2023 released today. “To further stress the resilience of banks, additional liquidity shocks were applied to banks that incurred persistent losses or whose capital ratios dipped below regulatory minima.
The cumulative credit costs are estimated to be RM63.1 billion and RM70.8 billion under AS1 and AS2, respectively . In contrast, BNM said, market risk losses attributed to banks’ trading books are minimal, accounting for only about 2% of total losses, while losses from foreign exchange movements remain limited under both scenarios due to the relatively small net open positions of banks.
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