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TUESDAY, OCTOBER 30, 1984
QUARTERLY ANALYSIS OF LOANS AND
ADVANCES FOR USE IN HONG KONG BY SECTOR
DURING THE THIRD QUARTER, LOANS AND ADVANCES EXTENDED TO THE MANUFACTURING SECTOR ROSE BY 3.2 PER CENT, FOLLOWING A FALL OF 1.8 PER CENT DURING THE SECOND QUARTER.
LOANS TO THE WHOLESALE AND RETAIL TRADE WERE 2.9 PER CENT LOWER, IN CONTRAST TO AN INCREASE OF 2.7 PER CENT DURING THE PREVIOUS QUARTER.
LOANS TO THE BUILDING AND CONSTRUCTION SECTOR REVERSED THE EARLIER DECLINING TREND SINCE SEPTEMBER 1983, TO RISE BY 6.1 PER CENT. THE DECLINE FOR THE PREVIOUS QUARTER WAS 2.4 PER CENT.
BORROWING BY INDIVIDUALS TO PURCHASE PROPERTY OTHER THAN FLATS IN THE HOME OWNERSHIP SCHEME AND PRIVATE SECTOR PARTICIPATION SCHEME ROSE FURTHER, BY 2.3 PER CENT, COMPARED WITH A GROWTH OF 4.4 PER CENT DURING THE PREVIOUS QUARTER.
FOREIGN CURRENCY ASSETS AND LIABILITIES
THE NET SPOT FOREIGN CURRENCY LIABILITIES OF THE MONETARY SECTOR FELL FURTHER TO $4.5 BILLION AT THE END OF SEPTEMBER FROM $6.8 BILLION AT THE END OF AUGUST. STATISTICS COLLECTED (ON THE BASIS OF SLIGHTLY DIFFERENT DEFINITIONS) BY THE COMMISSIONER OF BANKING AND DEPOSIT-TAKING COMPANIES SHOWED A PARALLEL DECREASE TO $7.6 BILLION FROM 8 BILLION. THIS FALL
IN NET SPOT FOREIGN CURRENCY LIABILITIES WAS MATCHED BY A REDUCTION IN NET FORWARD FOREIGN CURRENCY ASSETS OF THE MONETARY SECTOR
TO $27.5 BILLION AT THE END OF SEPTEMBER FROM $28.3 BILLION
AT THE END OF AUGUST.
LIQUIDITY RATIO
THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 18 OF THE BANKING ORDINANCE) FOR ALL BANKS WAS 50.0 PER CENT, COMPARED WITH 49.3 PER CENT IN AUGUST. THE AVERAGE LIQUIDITY RATIO
(AS DEFINED IN S. 24A OF THE DEPOSIT-TAKING COMPANIES
ORDINANCE) FOR ALL DEPOSIT-TAKING COMPANIES FELL TO 45.8 PER CENT FROM 46.6 PER CENT IN AUGUST.
NUMBER OF REPORTING INSTITUTIONS
THE NUMBER OF OPERATING LICENSED BANKS AND THE NUMBER OF OPERATING LICENSED DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED, THE NUMBER OF REPORTING REGISTERED AT 136 AND 30 RESPECTIVELY. LEPOSIT-TAKING COMPANIES ROSE BY ONE TO 319.
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