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TUESDAY, DECEMBER 2, 1986
TOTAL MONEY SUPPLY
TOTAL MONEY SUPPLY M1 INCREASED BY 4.3 PER CENT IN OCTOBER, AFTER HAVING DECREASED BY 1.4 PER CENT IN SEPTEMBER. TOTAL M2 AND TOTAL M3 GREW BY 3.0 PER CENT AND 2.5 PER CENT RESPECTIVELY. OVER THE YEAR, TOTAL M1 INCREASED BY 16.4 PER CENT, TOTAL M2 BY 31.5 PER CENT AND TOTAL M3 BY 24.3 PER CENT.
LOANS AND ADVANCES
LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES FELL IN OCTOBER, BY 0,4 PER CENT AFTER INCREASES OF 0.5 PER CENT IN AUGUST AND 2.6 PER CENT IN SEPTEMBER. YEAR, THEY GREW BY 12.7 PER CENT.
OVER THE
LOANS DENOMINATED IN HONG KONG DOLLARS GREW FASTER IN OCTOBER, AT 2.2 PER CENT WHILE LOANS DENOMINATED IN FOREIGN CURRENCIES FELL BY 2.9 PER CENT. OVER THE YEAR, THE FORMER GREW BY 11.6 PER CENT WHILE THE LATTER GREW BY 13.8 PER CENT.
WITHIN THE TOTAL, LOANS TO FINANCE THE VISIBLE TRADE OF HONG KONG ROSE BY 2.2 PER CENT AFTER AN INCREASE OF 1.6 PER CENT IN SEPTEMBER OVER THE YEAR THEY GREW BY 16.3 PER CENT. OTHER LOANS FOR USE IN HONG KONG INCREASED BY 0.8 PER CENT AFTER INCREASES OF 1.6 PER CENT IN AUGUST AND 2.6 PER CENT IN SEPTEMBER- OVER THE YEAR, THEY GREW BY 13.3 PER CENT.
NUMBER OF REPORTING INSTITUTIONS
THE NUMBER OF REPORTING LICENSED BANKS DECREASED BY ONE TO 148.
THE NUMBER OF REPORTING LICENSED DEPOSIT-TAKING COMPANIES INCREASED BY ONE TO 38 WHILE THE NUMBER OF REPORTING REGISTERED DEPOSIT-TAKING COMPANIES DECREASED BY TWO TO 257.
/MONETARY