XN000022-1978-01-30 — Page 5

MONDAY, JANUARY 30, 1978

BANKING STATISTICS FOR DECEMBER 1977

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BANKING DEPOSITS AT THE END OF DECEMBER LAST YEAR STOOD AT $53,019 MILLION, COMPRISING $12,650 MILLION IN DEMAND DEPOSITS, $19,616 MILLION IN TIME DEPOSITS AND $20,753 MILLION IN SAVINGS DEPOSITS, ACCORDING TO STATISTICS RELEASED TODAY BY THE OFFICE OF THE COMMISSIONER OF BANK ING.

THE AVERAGE LIQUIDITY DURING THE MONTH WAS 45.26 PER CENT.

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

THE FOLLOWING TABLES 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

53,019

36,850

10,497

TOTAL LIABILITIES

100,366

ASSETS

1. CASH

2. AMOUNT DUE FROM BANKS ABROAD:

(1) DEMAND AND SHORT TERM CLAIMS 28,952

(2) TIME DEPOSITS

LOANS

3. LOANS AND ADVANCES:

(1) HONG KONG

(2) ABROAD

924

5,200

34,152

36,856

18,793

55,649

/4. INVESTMENTS:..