THURSDAY, SEPTEMBER 1, 1977
BANKING STATISTICS FOR JULY
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BANKING DEPOSITS AT THE END OF JULY 1977 STOOD AT $48,169 MILLION, COMPRISING $11,101 MILLION IN DEMAND DEPOSITS, $18,330 MILLION IN TIME DEPOSITS AND $18,738 MILLION IN SAVINGS DEPOSITS. THERE WERE 74 LICENSED BANKS IN HONG KONG AT THE END OF
JULY.
A SPOKESMAN FOR THE OFFICE OF THE COMMISSIONER OF BANKING SAID THAT DEPOSITS AT 7 DAYS' NOTICE OR LESS PREVIOUSLY INCLUDED UNDER DEMAND DEPOSITS ARE NOW INCLUDED UNDER TIME DEPOSITS.
THE FOLLOWING TABLES RELEASED BY THE COMMISSIONER OF BANKING TODAY GIVE A DETAILED BREAKDOWN OF BANK LIABILITIES AND ASSETS AND MONEY SUPPLY FOR THE MONTH.
LIABILITIES
1.
DEPOSITS
2.
AMOUNT DUE TO BANKS ABROAD
3.
OTHER LIABILITIES
$ MILLION
48,169
33,152
9,408
TOTAL LIABILITIES
90,729
ASSETS
1.
CASH
796
2.
AMOUNT DUE FROM BANKS ABROAD:
(1) DEMAND AND SHORT TERM CLAIMS (1) TIME DEPOSITS
26,290
4,410
30,700
3.
LOANS AND ADVANCES:
(1) HONG KONG
(11) ABROAD
32,968
16,896
49,864
4.
INVESTMENTS:
(I) HONG KONG
3,434
(11) ABROAD
68
3,502
5.
OTHER ASSETS:
(I) HONG KONG
(11) ABROAD
AVERAGE LIQUIDITY DURING MONTH
4,136
1,731
5,867
TOTAL ASSETS 90,729
45.72%
/ MONEY SUPPLY