This development came largely from the lower trade in goods deficit combined with higher net receipts in the trade in services, and in the primary and secondary income accounts. We also have structural sources of foreign exchange, which provide substantial cushion from external shocks. First, foreign direct investments or (FDI) remain resilient. For the period Jan-Nov 2019, it reached $ billion.
Although bank assets never cease to grow, the quality of assets has remained fine, non-performing loan ratio was only 0.19% while Capital Adequacy Ratio (CAR) stood at 14.6%, basically tier one core capital. Liquidity ratio was maintained at a rather high level. For 2012 as a whole, total profits of the banking system amounted to MOP5.7 billion, a yearon-year increase of 25%.