BUSINESS › NEWS






Loan-to-deposit Ratio At Comfortable Level, Says Maybank


Last update: 13/08/2017

KUALA LUMPUR, Aug 13 (Bernama)--Malayan Banking Bhd's (Maybank) group loan-to-deposit ratio (LDR) is at a comfortable level of 94.7 per cent as at end-March 2017 and not 101 per cent as stated in a Bloomberg report released Friday, Aug 11, 2017.

Its Group Chief Financial Officer, Datuk Amirul Feisal Wan Zahir, said the news article and the Malaysian banking analyst research report it quoted, did not give a true picture of Maybank's careful management of its assets and liabilities.

"Maybank runs its business at the highest level of prudence and transparency and we have clearly disclosed in our quarterly earnings presentations, the levels of both our LDR and liquidity coverage ratio (LCR)," he said in a statement here today.

He said that for Maybank's Malaysian operations, its LDR as at March 2017 was 90.6 per cent, and this has remained fairly stable over the last year from the 90.2 per cent in March 2016.

"It was in fact lower quarter-on-quarter from the 91.3 per cent level recorded in December 2016, arising from deposit growth which outpaced loan growth. Deposits growth was also supported by low-cost current account & savings account (CASA) growth," he said.....