Shanghai Securities News China Securities Network (Reporter Chen Jiayi) After experiencing consecutive stock declines and being downgraded by Moody's, New York Community Bank released an announcement on February 6 local time, providing additional disclosure on the latest financial data as of February 5, 2024.
The New York Community Bank stated that it has sufficient liquidity and deposit stability. Specifically, the bank's current total deposit amount is approximately 83 billion US dollars, an increase from the end of 2023; The total liquidity is $37.3 billion, exceeding approximately $22.9 billion in uninsured deposits with a coverage rate of 163%.
"We took decisive action in the fourth quarter of last year to consolidate our balance sheet and strengthen our risk management processes, laying a solid foundation for future development." Thomas Kamgami, President and CEO of New York Community Bank, stated that as part of strengthening our risk management processes, the bank has been orderly introducing a new Chief Risk Officer and Chief Audit Officer with experience in large banks, Currently, qualified personnel are temporarily filling these positions.