MONDAY, JANUARY 30, 1978
BANKING STATISTICS FOR DECEMBER 1977
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BANKING DEPOSITS AT THE END OF DECEMBER LAST YEAR STOOD AT $53,019 MILLION, COMPRISING $12,650 MILLION IN DEMAND DEPOSITS, $19,616 MILLION IN TIME DEPOSITS AND $20,753 MILLION IN SAVINGS DEPOSITS, ACCORDING TO STATISTICS RELEASED TODAY BY THE OFFICE OF THE COMMISSIONER OF BANK ING.
THE AVERAGE LIQUIDITY DURING THE MONTH WAS 45.26 PER CENT.
THERE WERE 74 LICENSED BANKS IN HONG KONG AT THE END OF DECEMBER.
THE FOLLOWING TABLES 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
53,019
36,850
10,497
TOTAL LIABILITIES
100,366
ASSETS
1. CASH
2. AMOUNT DUE FROM BANKS ABROAD:
(1) DEMAND AND SHORT TERM CLAIMS 28,952
(2) TIME DEPOSITS
LOANS
3. LOANS AND ADVANCES:
(1) HONG KONG
(2) ABROAD
924
5,200
34,152
36,856
18,793
55,649
/4. INVESTMENTS:..