Liquidity crunch risk low for APAC banks

May 31, 2023 12:32 am

LIQUIDITY risks for Asia-Pacific banks are low despite a deterioration in funding conditions, Moody's Investor Service said on Tuesday.

'The risk of a liquidity crunch is still relatively low for most banks in Asia-Pacific (APAC) because stable deposits from diverse customers underpin their funding, and they hold ample liquid assets,' the debt watcher said in a report.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

OFW remittances hit $3.34B

Powell says no need to rush rate cuts

Auto sales up 1.2% despite Kristine's operational impact

China's latest data shows soft economic underbelly

Financial sector resources rise to P33T as of end-Sept

Construction material prices edge up in Oct

Alliance Global posts steady 9-month profit