FRIDAY, NOVEMBER 1, 1991

10

IN SEPTEMBER,

OTHER LOANS FOR USE IN HONG KONG GREW BY 1.9% FOLLOWING INCREASES OF 1.5% AND 1.3% RESPECTIVELY IN THE PREVIOUS MONTHS. OVER THE YEAR, THESE LOANS GREW BY 18.6%.

AND

LOANS FOR USE OUTSIDE HONG KONG ROSE BY AFTER INCREASES OF 2.9% AND 3.4% IN JULY OVER THE YEAR, THESE LOANS GREW BY 37.8%.

TWO

2.2% IN SEPTEMBER, AUGUST RESPECTIVELY.

QUARTERLY ANALYSIS OF LOANS AND ADVANCES FOR USE IN HONG KONG BY SECTOR

DURING THE THIRD QUARTER OF 1991, TOTAL LOANS FOR USE IN KONG (EXCLUDING THOSE FOR TRADE FINANCING) INCREASED BY 4.8%.

HONG

BY 0.6%, TWO QUARTERS.

OF THESE, LOANS FOR USE IN MANUFACTURING DECREASED FOLLOWING INCREASES OF 5.2% AND 5.8% IN THE PREVIOUS OVER THE YEAR, THESE LOANS INCREASED BY 10.7%.

TWO

LOANS TO FINANCE WHOLESALE AND RETAIL TRADES INCREASED BY 2.9%, AFTER A DECREASE OF 1.7% AND AN INCREASE OF 4.9% IN THE PRECEDING QUARTERS. OVER THE YEAR, THESE LOANS GREW BY 12.1%.

LOANS

CONCERNS

(OTHER

AUTHORISED INCREASE OF

THAN TO FINANCIAL INSTITUTIONS) INCREASED BY 3.8% THIS QUARTER, AFTER AN 6.5% AND A DECREASE OF 7.6% RECORDED IN THE FIRST AND SECOND RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 8.1%.

QUARTERS

PROPERTY

BY 9.3% THIS THE PREVIOUS TWO

LOANS TO INDIVIDUALS FOR THE PURCHASE OF RESIDENTIAL (OTHER THAN FLATS IN THE HOME OWNERSHIP SCHEME) GREW QUARTER, FOLLOWING INCREASES OF 7.2% AND 9.4% IN QUARTERS. OVER THE YEAR, THESE LOANS ROSE BY 41.2%.

AND

PROPERTY DEVELOPMENT QUARTER, AFTER OVER THE

LOANS TO THE BUILDING, CONSTRUCTION AND INVESTMENT SECTOR INCREASED BY 3.7% IN THE THIRD INCREASES OF 1.9% AND 6.2% IN THE PRECEDING TWO QUARTERS. YEAR, THESE LOANS INCREASED BY 15.5%.

NUMBER OF REPORTING INSTITUTIONS

WHILE

THE 50.

THE NUMBER OF REPORTING LICENSED BANKS DECREASED BY ONE TO

AT THOSE OF DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED NUMBER OF REPORTING RESTRICTED LICENCE BANKS INCREASED BY ONE

NOTE TO EDITORS:

TWO TABLES WILL BE SENT BY FACSIMILE AND BOXED.

TABLE

FIGURES FOR

SEPTEMBER 1 SET OUT SUMMARY COMPARISONS WITH EARLIER MONTHS. TABLE 2 PRESENTS FIGURES QUARTERLY ANALYSIS OF LOANS AND ADVANCES FOR USE IN

HONG

SECTOR.

/TABLE 1

162

162.

то

1991 AND FROM

THE

KONG BY

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