XN000022-1977-09-01 — Page 7

THURSDAY, SEPTEMBER 1, 1977

BANKING STATISTICS FOR JULY

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BANKING DEPOSITS AT THE END OF JULY 1977 STOOD AT $48,169 MILLION, COMPRISING $11,101 MILLION IN DEMAND DEPOSITS, $18,330 MILLION IN TIME DEPOSITS AND $18,738 MILLION IN SAVINGS DEPOSITS. THERE WERE 74 LICENSED BANKS IN HONG KONG AT THE END OF

JULY.

A SPOKESMAN FOR THE OFFICE OF THE COMMISSIONER OF BANKING SAID THAT DEPOSITS AT 7 DAYS' NOTICE OR LESS PREVIOUSLY INCLUDED UNDER DEMAND DEPOSITS ARE NOW INCLUDED UNDER TIME DEPOSITS.

THE FOLLOWING TABLES RELEASED BY THE COMMISSIONER OF BANKING TODAY GIVE A DETAILED BREAKDOWN OF BANK LIABILITIES AND ASSETS AND MONEY SUPPLY FOR THE MONTH.

LIABILITIES

1.

DEPOSITS

2.

AMOUNT DUE TO BANKS ABROAD

3.

OTHER LIABILITIES

$ MILLION

48,169

33,152

9,408

TOTAL LIABILITIES

90,729

ASSETS

1.

CASH

796

2.

AMOUNT DUE FROM BANKS ABROAD:

(1) DEMAND AND SHORT TERM CLAIMS (1) TIME DEPOSITS

26,290

4,410

30,700

3.

LOANS AND ADVANCES:

(1) HONG KONG

(11) ABROAD

32,968

16,896

49,864

4.

INVESTMENTS:

(I) HONG KONG

3,434

(11) ABROAD

68

3,502

5.

OTHER ASSETS:

(I) HONG KONG

(11) ABROAD

AVERAGE LIQUIDITY DURING MONTH

4,136

1,731

5,867

TOTAL ASSETS 90,729

45.72%

/ MONEY SUPPLY