Europe, 36 are from Asia and the Pacific (13 from Japan) and 19 from North America (18 from the United

States).

11.

to

As at 31st December, 1986, there were also

38 licensed deposit-taking companies, an increase of 3 over the year and 254 registered deposit-taking companies, a net reduction of 24 over the year (9 new registrations, 30 revocations and 3 moving

licensed status).

Only 67 of the registered

deposit-taking companies are now not related to

banks; 119 are subsidiaries of banks licensed in

Hong Kong and 51 are subsidiaries of foreign banks

not licensed in Hong Kong.

As with banks, the ownership of deposit-taking companies is world-wide with only 51 owned in Hong Kong. Among st

foreign owners, 35 are owned by United States

interests, 34 from Japan, 19 from the

Kingdom, 20 from Indonesia, 17 from China,

France and 12 from Thailand.

the

United

12 from

12.

Banks incorporated in Hong Kong have 952

local branches and 179 branches overseas with 15

overseas representative offices. The Hong Kong deposit-taking companies have 115 local branches, 7

overseas branches and 14 overseas representative

offices. Branches or representative offices of Hong

Kong authorised institutions are in 32 countries.

10

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