The local banking system has ample liquidity in March 2021 amid stable funding conditions, Bank Negara Malaysia (BNM) said.

The central bank said Malaysia’s banking system continued to maintain healthy liquidity buffers, with the liquidity coverage ratio remaining strong last month at 145.1 percent versus 147.1 percent in February 2021.

“Banks’ funding profile also remained stable amid sustained strong growth in retail deposits,” it said...