At TD and RBC, higher deposits weigh on LCR

Higher net cash outflows in Q2 keep liquidity coverage pressures up

Projected net cash outflows at Royal Bank of Canada and TD Bank shot up over the three months to end-April, depleting the banks’ liquidity coverage ratios (LCRs).

At RBC, net cash outflows – which form the LCR’s denominator – averaged C$274.6 billion ($225.5 billion) during the second fiscal quarter, up 8.1% from the previous period. This far outpaced the 1.6% increase to C$364.2 billion for high-quality liquid assets (HQLAs) sitting at the numerator, sending the LCR down eight percentage

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: