The liquidity coverage ratio (LCR) of universal and commercial banks as of end-November 2020 was comfortably high at 201.0 percent, twice the regulatory minimum of 100.0 percent. Similarly, the system’s net stable funding ratio (NSFR) indicates its ability to provide stable funding in the medium term.
As of end-September 2020, the capital adequacy ratio of universal and commercial banks was at 16.8 percent on a solo basis, and 17.2 percent on a consolidated basis. This is much higher than the BSP’s 10 percent standard and the Bank for International Settlement’s 8 percent standard.