Malaysia's top 3 banks need to maintain higher than normal capital needs


In introducing a new framework, the central bank has identified Malayan Banking Bhd (Maybank), CIMB Group Holdings Bhd and Public Bank Bhd as those falling into the domestic systemically important banks (D-SIBs).

PETALING JAYA: Malaysia’s top three banks would need to maintain higher than normal capital requirements in order to mitigate risks to the overall banking system, said Bank Negara.

In introducing a new framework, the central bank has identified Malayan Banking Bhd (Maybank), CIMB Group Holdings Bhd and Public Bank Bhd as those falling into the domestic systemically important banks (D-SIBs).

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malton’s net profit surges 73%
Sarawak Oil Palms net profit up 30% in 3Q24
Strong ops performance lifts Axiata’s net profit
Philippines back to fiscal surplus in October
Singapore companies’ debt levels low
CFM juggles engine supply in boost to Airbus
TNB 3Q24 net profit soars 85% year-on-year
Capital A records net profit of RM1.64bil for 3Q24
FGV continues to improve palm oil productivity
Dnex actively pursuing more producing assets

Others Also Read