News Centre

EBA Risk Dashboard Shows That Capital And Liquidity Ratios Remain Robust

Date 13/01/2023

• Overall, banks maintain robust capital and liquidity ratios.
• The average Common Equity Tier 1 (CET1) ratio declined slightly to 14.8% from 15% in the previous quarter on a fully loaded basis.
• The average Liquidity Coverage Ratio (LCR) reached 162.5% (164.9% in Q2 2022) while the average Net Stable Funding Ratio (NSFR) remained at 126.9%.
• The non-performing loan (NPL) ratio declined slightly to just below 1.8%. However, banks’ asset quality expectations have further deteriorated, notably for SME and consumer finance.
• Average return on equity (RoE) remains stable supported by increases in net interest income
• Banks and analysts remain optimistic about profitability prospects.
• EU Taxonomy used by banks engaged in green lending

SEC Announces Departure Of Renee Jones - Erik Gerding Named Director Of Division Of Corporation Finance

Date 13/01/2023

The Securities and Exchange Commission today announced that Renee Jones, Director of the Division of Corporation Finance, will depart the agency to return to her faculty position at Boston College Law School, effective Feb. 3, 2023. Erik Gerding, currently the Division’s Deputy Director, will be appointed Director of the Division, effective upon Ms. Jones’s departure.

Malawi Stock Exchange Annual Market Performance Report - 2022

Date 13/01/2023

In the year 2022, the market transacted a total of 1,402,901,021 shares at a total consideration of MK51,719,845,760.25 (US$43,751,349.63) in 4,271 trades. In the corresponding period 2021, the market transacted a total of 1,301,122,424 shares at a total consideration of MK37,690,252,891.52 (US$43,751,349.63) in 3,304 trades. This reflects a 7.82% increase in share volume traded and a 37.22% (23.63% in US Dollar terms) increase in share value traded.

Nigerian Exchange Weekly Market Report For Week Ending January 13th, 2023

Date 13/01/2023

A total turnover of 1.286 billion shares worth N29.634 billion in 19,816 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 921.856 million shares valued at N27.154 billion that exchanged hands last week in 15,601 deals.

SEC Awards More Than $5 Million To Whistleblower

Date 13/01/2023

The Securities and Exchange Commission today announced an award of more than $5 million to a whistleblower whose information led to a successful SEC enforcement action. 

EBA: The Liquidity Coverage Ratio Of EU Banks Declined In The First Half Of 2022 But Is Still Well Above The Minimum Requirement

Date 13/01/2023

The European Banking Authority (EBA) today published its Report on liquidity measures, which monitors and evaluates the liquidity coverage requirements currently in place in the EU. The liquidity coverage ratio (LCR) declined to 166% in June 2022. The fall was due to an increase in outflows driven by higher interest rates and volatility which led to a decline in asset prices during the first half of the year. The evolution of banks’ LCR levels is particularly relevant given the uncertain economic outlook with high levels of inflation and the process of normalisation of the monetary policy. EU banks hold materially lower liquidity buffers in foreign currencies, particularly the USD, which requires enhanced monitoring by banks and supervisors to avoid excessive vulnerability to disruptions in the foreign exchange markets.

ETFGI Reports The ETFs Industry In The United States Gathered US$607 Billion In Net Inflows In 2022

Date 13/01/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the ETFs industry in the United States gathered net inflows of US$45.46 billion during December, bringing year-to-date net inflows to US$607.23 billion. During the month, assets invested in the ETFs industry in the US decreased by 3.0%, from US$6.71 trillion at the end of November to US$6.51 trillion in December 2022, according to ETFGI's December 2022 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Malawi Stock Exchange Weekly Summary - 13 January 2023

Date 13/01/2023

Click here to download Malawi Stock Exchange's weekly summary.

Japanese Equities: Investment Environment For Japan Remains Favourable During A Global Slowdown - Yuichi Murao, CIO At Nomura Asset Management

Date 13/01/2023

• For the Japanese stock market to attract attention from foreign investors, it is necessary to see the currency market stabilise as well as an improvement in corporate earnings
• There is no change in the fact that Japanese stocks are currently undervalued compared to other major markets
• Corporate earnings growth in Japan is therefore expected to be superior compared to other countries
• For private companies to make effective investments in public-private partnerships, it is essential to enhance the predictability of the business operating environment as a national strategy and to redesign regulations to encourage investment
• On ESG, human resource strategies linked to corporate growth strategies and human capital disclosure are also important topics

Moscow Exchange: Updated Constituents List For OFZ Zero Coupon Yield Curve To Come Into Force On 16 January 2023

Date 13/01/2023

On 16 January 2023, the following updated constituents list for OFZ Zero Coupon Yield Curve will come into force.