Prof. W.D. Lakshman: Banking Sector

Abstract

TRUE - The banking sector remains strong with total capital adequacy ratio above 16 per cent, net stable funding ratio above 130 per cent, liquidity coverage ratio above 175 per cent and statutory liquid asset ratio above 32 per cent. With these performance indicators, I do not think anyone needs an additional assurance on the current strength of the banking system. - Prof. W.D. Lakshman, Daily News, 8 June 2020