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TUESDAY, NOVEMBER 1, 1988
DOLLAR DEPOSITS
ADJUSTED TO INCLUDE THESE DEPOSITS, HONG KONG GREW BY 0.7 PER CENT IN SEPTEMBER AND BY 10 PER CENT OVER THE YEAR.
CURRENCY DEPOSITS, ON THE OTHER HAND, FOREIGN
ΤΟ ADJUSTED
EXCLUDE SWAP DEPOSITS, INCREASED BY 2.1 PER CENT IN SEPTEMBER AND BY 31.4 CENT OVER THE YEAR.
PER
CENT IN
1.4
PER
DEPOSITS OF ALL CURRENCIES WITH BANKS GREW BY 1.7 PER BY SEPTEMBER WHILE THOSE WITH DEPOSIT-TAKING COMPANIES FELL CENT. DURING THE 12 MONTHS ENDING SEPTEMBER 1988, THEIR RESPECTIVE GROWTH RATES WERE 22.2 PER CENT AND 5.4 PER CENT.
MONEY SUPPLY
HK$M1, HK$M2 AND HK$M3 GREW BY 1.6 PER CENT, 0.8 PER CENT AND 6 PER CENT RESPECTIVELY IN SEPTEMBER. THESE COMPARED WITH CORRESPONDING RATES OF 0.9 PER CENT, -0.4 PER CENT AND -0.4 PER CENT IN AUGUST.
0.
DURING THE 12 MONTHS ENDING SEPTEMBER, HK$M1, HK$M2 AND HK$M3 GREW BY 19.3 PER CENT, 13.9 PER CENT AND 11.7 PER CENT RESPECTIVELY.
ADJUSTED TO TAKE ACCOUNT OF SWAP DEPOSITS, HK$M2 GREW BY 1.1 PER CENT WHILE HK$M3 ROSE BY 0.8 PER CENT IN SEPTEMBER. OVER THE YEAR, THEIR CORRESPONDING GROWTH RATES WERE 13.8 PER CENT AND 11.9 PER CENT.
TOTAL M1, M2 AND M3 GREW BY 1.5 PER CENT, 1.8 PER CENT AND 1.6 PER CENT RESPECTIVELY IN SEPTEMBER. THEIR CORRESPONDING GROWTH RATES IN AUGUST WERE 1.3 PER CENT, 0.5 PER CENT AND 0.5 PER CENT. DURING THE 12 MONTHS ENDING SEPTEMBER, TOTAL M1 GREW BY 21.5 PER CENT, TOTAL M2 BY 22.7 PER CENT AND TOTAL M3 BY 20.7 PER CENT.
LOANS AND ADVANCES
TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES GREW BY 3 PER CENT IN SEPTEMBER, COMPARED WITH INCREASES OF 0.6 PER CENT AND 3.5 PER CENT IN JULY AND AUGUST
RESPECTIVELY.
OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLARS GREW BY 2.1 PER CENT, WHILE THOSE DENOMINATED IN FOREIGN CURRENCIES GREW BY 3.8 PER CENT.
LOANS TO