All posts tagged "SRR"
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328Capital / LiquidityBNM Extends Flexibility to Use Govt Securities to Meet SRR
Since March 2020, the lower SRR ratio and flexibility to recognise MGS and MGII as part of SRR compliance have released MYR 46 billion in banking system liquidity.
January 22, 2021 -
588Asia-PacificSri Lanka: CBSL to Absorb Credit Risk on Business Loans
The CBSL will provide credit guarantees ranging from 80% for smaller loans to 50% for larger loans issued to businesses affected by Covid-19.
July 2, 2020 -
1.5KAsia-Pacific
Sri Lanka Cuts Statutory Reserve Ratio, Expands Lending Facility
The CBSL has cut the statutory reserve ratio by 200 basis points, releasing $617mn in liquidity in the banking system. The size of its re-finance facility has also been tripled.
June 17, 2020 -
990Capital / Liquidity
BNM: Banks Can Use Govt Bonds to Meet Reserve Requirement
The move is expected to release about $3.7mn of liquidity into the banking system. BNM has also cut its overnight policy rate to the lowest level since 2009.
May 5, 2020 -
564Capital / Liquidity
BNM Cuts Statutory Reserve Requirement for Banks
BNM has lowered the SRR ratio to the lowest level since April 2011, and is allowing principal dealers to recognise MGS and MGII up to 1 billion ringgit as part of SRR compliance.
March 20, 2020 -
732Asia-PacificSri Lanka Cuts Bank Reserve Requirements
To boost credit growth, the Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks from 6 to 5 percent, starting in March.
February 26, 2019
