Big banks’ capital adequacy ratio 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.
He said big banks’ industry’s solo liquidity coverage ratio was at 197.5 percent as of end-October 2021. As of end-November 2021, industry assets increased by seven percent year-on-year to P20.4 trillion mainly on account of deposits which grew by 9.2 percent year-on-year to P15.8 trillion. “The BSP’s timely and well-calibrated operational and prudential relief measures proved instrumental in helping banks cope with the impact of the COVID-19 pandemic,” he added.
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