Malaysia Banking System Well-Capitalised    
Industry News

Source: Business Times

The banking system remained well-capitalised in September with the risk-weighted capital ratio and core capital ratio at 14.8 per cent and 13.1 per cent, respectively, says Bank Negara Malaysia (BNM).

In a statement today, the central bank said the level of non-performing loans (NPLs), including impaired loans, improved in September to account for two per cent of net loans, attributable to lower amount of new defaults and management of impaired assets by a banking institution.

BNM said loan loss coverage remained above 90 per cent.

In terms of retail interest rates, it said the average base lending rate (BLR) of commercial banks was unchanged at 6.27 per cent while retail deposit rates were also stable. - Bernama

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