Banks Negara: Banks can exploit potential losses of RM85b among the most serious cases

in esteem •  7 years ago 

image

Banks in Malaysia have adequate buffers to make possible losses due to possible losses of potential losses from direct exposure and spillers, which are for the relevant property sector under a bad-case scenario.

In its annual report issued on Wednesday, Bank Negra Malaysia said that nearly one-third of the losses could be attributed to residential mortgages.

"The bank's income buffer is considered in consideration, overall general equity Tier-1 capital ratio is expected to fall at 3.2 percent, which is better than the minimum regulatory requirement."

Accepts a sensitivity analysis whether the central bank can absorb the potential risk from property secretary.

Bank Negara said that Malaysia is exhibited by the experience of Asian financial crisis at its time, unfavorable development in the property market, if optimally left, can have a serious impact on financial stability

It saw conducting a sensitivity analysis of banks' ability to assess the storms generated from a simulated sharp correction in the property market.

Sensitivity analysis estimates: (i) increase the level of weakness of the industry compared to the worst default experience (1996-2001); And (ii) 50% of the property value is reduced, as opposed to the increase in the compatital value of five years from 2012.

Flame is not only applicable to financing of the bank's end-financial portfolio, but also to finance the industries dependent on industries - property developer and real estate services (including legal and architectural support business activities); Building non infrastructure; And building and construction materials (BCM) production fields.

Overall, the overall credit exposure of the banks in the property market (including investment in bonds and Sukoo) and such related sectors have reached RM 933 billion or 52% of the bank's total credit exposure-only in December 2017.

Analysis results indicate that banks have enough buffer to exploit possible exposure to RM85bil from RM85bil derived from direct related exposure and spillar related sectors.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!