Fund managers remain bullish on the local bond market despite the possibility of further hikes in Malaysian bond yields resulting in higher borrowing costs from the US Federal Reserve’s (Fed) move to cut monthly bond purchases coupled with inflationary pressure in the domestic market. Areca Capital Sdn Bhd chief investment […]
Author: InvestAdvocate
Banks begin Basel Capital Adequacy computation
Deposit Money Banks (DMBs) are expected to start a parallel run of both Basel I and II minimum capital adequacy computation before the end of the month, the Central Bank of Nigeria (CBN) has said. In a report posted on its website, the CBN Director, Banking Supervision, Mrs Tokunbo Martins, said the […]
Three banks fail liquidity test
The liquidity stress test conducted on 23 banks by the Central Bank of Nigeria (CBN) at the end of June showed that three lenders have problems. The CBN Financial Stability Report released at the weekend was okayed by the CBN Governor, Sanusi Lamido Sanusi. It said the industry liquidity ratio […]
