LOANS AND ADVANCES
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MONDAY, MARCH 28, 1988
ADVANCES
TOTAL OUTSTANDING LOANS AND
EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES DROPPED BY 0.1 PER CENT IN FEBRUARY, FOLLOWING INCREASES OF 4.9 PER CENT AND 0.3 PER CENT IN DECEMBER 1987 AND JANUARY 1988.
OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLAR EDGED UP BY 0.6 PER CENT, WHILE THOSE DENOMINATED IN FOREIGN CURRENCIES DROPPED BY 0.6 PER CENT.
LOANS FOR USE OUTSIDE HONG KONG DECREASED BY 2.4 PER CENT IN FEBRUARY 1988 AFTER AN INCREASE OF 8.3 PER CENT IN DECEMBER 1987 AND A FALL OF 0.6 PER CENT IN JANUARY 1988; OVER THE YEAR, THESE LOANS GREW BY 83.1 PER CENT.
1. 7 PER
LOANS TO FINANCE VISIBLE TRADE OF HONG KONG GREW BY CENT IN FEBRUARY AFTER AN INCREASE OF 1.4 PER CENT IN DECEMBER AND A DROP OF 0.1 PER CENT IN JANUARY; OVER THE YEAR, THESE LOANS GREW BY 24.1 PER CENT.
OTHER LOANS FOR USE IN HONG KONG ROSE BY 1.2 PER CENT IN FEBRUARY, AFTER INCREASES OF 1.7 PER CENT AND 1. 3 PER CENT IN DECEMBER AND JANUARY RESPECTIVELY; OVER THE YEAR, THESE LOANS GREW BY 26.8 PER CENT.
NUMBER OF REPORTING INSTITUTIONS
THE NUMBER OF REPORTING LICENSED BANKS INCREASED BY ONE TO 155. THE NUMBER OF LICENSED DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED AT 35 WHILE THAT OF REGISTERED DEPOSIT-TAKING COMPANIES DECREASED BY ONE TO 231.
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/MONETARY STATISTICS