Expectations are building up for Bank Negara to reduce the statutory reserve requirement (SRR) by between 50 and 100 basis points (bps) this year to release more liquidity into the banking system amidst the slowing economy.
This comes following the recent 25% bps cut in the overnight policy rate (OPR) that has caused a compression in the net interest margins (NIMs) of banks.
Economists and analysts concurred there was still room for further cuts in the SRR to boost liquidity in the banking system, which to an extent could ease pressure on NIMs that would impact banks’ earnings.
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This comes following the recent 25% bps cut in the overnight policy rate (OPR) that has caused a compression in the net interest margins (NIMs) of banks.
Economists and analysts concurred there was still room for further cuts in the SRR to boost liquidity in the banking system, which to an extent could ease pressure on NIMs that would impact banks’ earnings.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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