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WEDNESDAY, MARCH 5, 1986
IN THE THREE MONTHS TO JANUARY, TOTAL M1 GREW BY 6.1 PER CENT, TOTAL M2 BY 7.9 PER CENT, AND TOTAL M3 BY 7.6 PER CENT RESPECTIVELY; OVER THE 12 MONTHS, THE GROWTH RATES FOR TOTAL MI WAS 24.1 PER CENT, WHILE TOTAL M2 AND TOTAL M3 WERE
BOTH 26.1 PER CENT.
LOANS AND ADVANCES
LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES GREW BY 1.3 PER CENT IN JANUARY, AGAINST A DECREASE OF 1.4 PER CENT IN DECEMBER 1985. IN THE THREE MONTHS TO JANUARY THESE GREW BY 1.7 PER CENT AND OVER THE 12 MONTHS BY 5.6 PER CENT.
LOANS DENOMINATED IN HONG KONG DOLLARS CONTINUED TO GROW, BY 0.7 PER CENT, IN JANUARY, FOLLOWING AN INCREASE OF 0.3 PER CENT IN DECEMBER 1985.
LOANS DENOMINATED IN FOREIGN CURRENCIES GREW BY 1.8 PER CENT IN JANUARY, AGAINST A FALL OF 3.0 PER CENT IN DECEMBER 1985. IN THE THREE MONTHS TO JANUARY, THE FORMER GREW BY 2.5 PER CENT WHILE THE LATTER GREW BY 0.9 PER CENT.
WITHIN THE TOTAL, LOANS TO FINANCE VISIBLE TRADE OF HONG KONG FELL BY 0.4 PER CENT AFTER AN INCREASE OF 2.0 PER CENT IN DECEMBER 1985. IN THE THREE MONTHS TO JANUARY, THESE LOANS GREW BY 1.7 PER CENT AND OVER THE 12 MONTHS, THEY GREW BY 1.1 PER CENT.
OTHER LOANS FOR USE IN HONG KONG GREW BY 1.0 PER CENT IN JANUARY, FOLLOWING A FALL OF 1.5 PER CENT IN DECEMBER. IN THE THREE MONTHS TO JANUARY, THEY GREW BY 1.8 PER CENT AND OVER THE 12 MONTHS BY 6.5 PER CENT.
LIQUIDITY RATIOS
THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 18 OF THE BANKING ORDINANCE) FOR ALL BANKS ROSE TO 51.2 PER CENT IN JANUARY FROM 50.7 PER CENT IN DECEMBER 1985. THE AVERAGE LIQUIDITY RATIO FOR ALL DEPOSIT-TAKING COMPANIES (AS DEFINED IN S. 24A OF THE DEPOSIT-TAKING COMPANIES ORDINANCE) FELL TO 44.5 PER CENT IN JANUARY FROM 45.3 PER CENT IN DECEMBER 1985.
NUMBER OF REPORTING INSTITUTIONS
THE NUMBER OF REPORTING LICENSED BANKS REMAINED UNCHANGED AT 143. THE NUMBER OF LICENSED DEPOSIT-TAKING COMPANIES INCREASED BY 1 TO 36. THE NUMBER OF REPORTING REGISTERED DEPOSIT-TAKING COMPANIES WAS UNCHANGED AT 278.
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