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No cause for concern over bank's liquidity, says Maybank

Mimi Sabreena 8:26:00 PM Informasi

KUALA LUMPUR (Aug 13): Malayan Banking Bhd (Maybank) said its liquidity conditions remain comfortable, with a loan-to-deposit ratio (LDR) of 94.7% as at end-March 2017.

The country's largest lender by assets was responding to a Bloomberg report on Friday, which had stated that Maybank's LDR was approaching 101% when highlighting the lack of deposits at Malaysia's banks.

The report also quoted CIMB Group Holdings Bhd analyst Winson Ng as noting that the banking industry's LDR ratio had gone from 76% in February 2012 to 90% in June.

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