Bank loans to the private sector continue to rise, growing year-on-year by 5.1 per cent in July 2020, from 4.1 per cent in May 2020, the highest pace recorded since May 2019. Annual growth in bank loans was supported by both households and corporate borrowings. 48. The capital and liquidity positions in the banking sector remain strong, well above the regulatory limits.
The aggregate Capital Adequacy Ratio was 19.5 per cent as at end-June 2020, a 1.3 percentage point improvement over March 2020. 49. The different measures taken by the Bank have helped alleviate pressure on commercial banks’ capital and liquidity positions, and ensured continuous flow of credit to the economy. 50.