LCR DISCLOSURE
Bank of Thailand (BOT) has instructed all commercial banks to disclose their respective liquidity coverage ratio (LCR), total liquidity and the amount of net cash outflow within 30 days on their websites in order to meet international standard.
Such information must be disclosed on a half-year basis as it would raise awareness and understanding for stakeholders, the BOT said.
In the initial period, LCR will be disclosed in a full format according to the liquidity coverage ratio disclosure standard of BCBS.
The move came after the central bank's announcement on LCR, requiring commercial banks to own liquid assets of no less than 60 per cent of estimated net cash outflow within 30 days, under the severe liquidity situation, from January 1, 2016. The amount of liquid assets owned must be raised by 10 per cent per year until it reaches 100 per cent in 2020.
