XN000022-1975-11-29 — Page 3

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SATURDAY, NOVEMBER 29, 1975

OCTOBER BANKING STATISTICS

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BANK DEPOSITS AS AT THE END OF LAST MONTH STOOD AT $35,065 MILLION, COMPRISING $9,604 MILLION IN DEMAND DEPOSITS, $13,108 MILLION IN TIME DEPOSITS AND $12,353 MILLION IN SAVINGS DEPOSITS, THE COMMISSIONER OF BANKING ANNOUNCED TODAY.

AT THE END OF THE MONTH THERE WERE 74 LICENSED BANKS IN HONG KONG.

THE FOLLOWING TABLE GIVES A DETAILED BREAKDOWN OF BANK LIABILITIES AND ASSETS FOR OCTOBER.

LIABILITIES

1.

DEPOSITS

2.

AMOUNT DUE TO BANKS ABROAD

3.

OTHER LIABILITIES

-

MONTH ENDED 31ST OCTOBER 1975

$ MILLION

35,065

20,874

8,345

TOTAL LIABILITIES

64,284

ASSETS

646

1.

CASH

2.

AMOUNT DUE FROM BANKS ABROAD :

{}})

DEMAND AND SHORT TERM CLAIMS TIME DEPOSITS

18,353

2,125

20,478

3.

LOANS AND ADVANCES :

(1)

HONG KONG

(II) ABROAD

24,360

10,246

34,606

/INVESTMENTS