Commercial banks are limited in the total amount they can loan to customers by, among others, their required minimum reserve ratios which oblige a commercial bank to keep a minimum, predetermined percentage of its deposits in an account with the central bank.
In positive pursuit of developing more financial services by our practitioners, the banking sector was able to score an aggregate profit of MOP4.17 billion for the first three quarters, which was again a positive year-on-year growth. At the moment, the banks operating in Macao have good quality assets, ample liquidity, adequate capital and fine profit-making capability.