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Residential Mortgage Loans in Hong Kong Results of Survey for February 1996

33 authorised institutions

1. Outstanding lending

Feb

Jan

1996

1996

HK$ Mn

HK$ Mn

a. Amount

280,589

275,968

b. Monthly change

1.6% **

1.2%

c. Twelve-month change

17.2% **

15.7%

d. Average change (annualized)

Latest three months

17.0% **

15.8%

Latest twelve months

17.2% **

15.7%

2. Gross loans made during month

a. Amount

b. Number

3. New loans approved during month

a. Amount

b. Number

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

Note: **

8,999

9,312

6762

7208

10,399 7243

9,029

7117

7,139

5,818

4819

4462

Adjusted for the effect of the addition of a subsidiary of a banking group to the survey.

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