Banks maintain healthy capital, liquidity ratios

14/01/2022 11:40:00 AM

The Nation's Leading Newspaper

Big banks’ capital adequacy ratio (CAR) remain sufficient and stable at 17.4 percent on consolidated basis as of end-September 2021, although lower compared to 17.6 percent in the second quarter ending in June. READ:

The Nation's Leading Newspaper

Big banks’ capital adequacy ratio (CAR) remain sufficient and stable at 17.4 percent on consolidated basis as of end-September 2021, although lower compared to 17.6 percent in the second quarter ending in June.CAR which is a bank’s measure of capital health in relation to its risks and liabilities, is well-above the 10 percent minimum threshold set by the Bangko Sentral ng Pilipinas (BSP), and eight percent minimum by the Bank for International Settlements.

BSP Governor Benjamin E. Diokno said banks are maintaining sufficient capital and liquidity buffers. On solo basis, banks’ CAR as of end-September stood at 16.9 percent, also above minimum requirements.BSP Governor Benjamin E. Diokno“Liquidity buffers also remained well-above the minimum threshold of 100 percent,” said Diokno during his weekly, online press chat last Thursday, Jan. 13.

Read more:
Manila Bulletin News »

WATCH: US donates P85 million worth of HIV test kits to PH

The Philippines has the fastest growing HIV epidemic in the Asia-Pacific region. Bonz Magsambol files this report. Read more >>