WEDNESDAY, MAY 3. 1978
BANKING STATISTICS FOR MARCH
*****
BANKING DEPOSITS AT THE END OF MARCH THIS YEAR STOOD AT $56,093 MILLION, COMPRISING $12,443 MILLION IN DEMAND DEPOSITS $21,811 MILLION IN TIME DEPOSITS AND $21,839 MILLION IN SAVINGS DEPOSITS. ACCORDING TO STATISTICS RELEASED BY THE OFFICE OF THE COMMISSIONER OF BANKING TODAY.
THE AVERAGE LIQUIDITY DURING THE MONTH WAS 45.31 PER CENT.
THERE WERE 74 BANKS IN HONG KONG AT THE END OF MARCH.
THE FOLLOWING TABLES GIVE A DETAILED BREAKDOWN OF BANK LIABILITIES AND ASSETS AND MONEY SUPPLY FOR THE MONTH.
LIABILITIES
1. DEPOSITS
$ MILLION
56,093
39,260
10,968
TOTAL LIABILITIES:
106,321
2.
AMOUNT DUE TO BANKS ABROAD
3.
OTHER LIABILITIES
ASSETS
1.
CASH
2.
AMOUNT DUE FROM BANKS ABROAD:
(1) DEMAND AND SHORT TERM CLAIMS 31,154
3.
LOANS AND ADVANCES:
(I) HONG KONG
(II) ABROAD
4.
INVESTMENTS:
8
(I) HONG KONG
(11) ABROAD
1,084
37,793
39,833
18,468
58,301
3,905
92
3,997
5.
OTHER ASSETS:
{1) HONG KONG
4,932
(II) ABROAD
214
5,146
TOTAL'ASSETS
106,321
AVERAGE LIQUIDITY DURING MONTH
45.31%
/MONEY SUPPLY