Today, there have been unusual withdrawals of deposits from certain branches of Banco Delta Asia. It has had the close attention of the Monetary Authority of Macao (AMCM) who has also indicated its concern. All along, the AMCM has been applying rigorous and prudent measures in regulating banks which are permitted to operate in Macao and Banco Delta Asia is of no exception. At present, the banking sector as a whole in Macao is operating in a stable and healthy manner. Bank assets are of fine quality and quantity, non-performing loan ratio is at all time low, capital is adequate, profitability is on the rise. At the same time, the loan-to-deposit ratio is very low while liquidity is abundant. The recent incident has nothing to do with the financial status of Banco Delta Asia. According to contemporary international supervisory standard for banking business, Banco Delta Asia has sound financial condition, its business is operating normally. To maintain the stability of the financial system in the MSAR, the Government as usual supports all banks, including Banco Delta Asia, who have been licensed to operate in Macao under the rigorous supervision of the AMCM, to run their business in accordance with the regulations, maintain fine and efficient operation in order to provide our citizens with excellent financial services in terms of both quantity and quality. We want to take this opportunity to call upon the depositors and citizens to keep calm, do not easily listen to ungrounded rumours, have faith and confidence in the financial system of Macao, and continue to support the long-term stability and prosperity of the financial industry of Macao.
Is there anything wrong with this page?