XN000022-1978-05-03 — Page 3

WEDNESDAY, MAY 3. 1978

BANKING STATISTICS FOR MARCH

*****

BANKING DEPOSITS AT THE END OF MARCH THIS YEAR STOOD AT $56,093 MILLION, COMPRISING $12,443 MILLION IN DEMAND DEPOSITS $21,811 MILLION IN TIME DEPOSITS AND $21,839 MILLION IN SAVINGS DEPOSITS. ACCORDING TO STATISTICS RELEASED BY THE OFFICE OF THE COMMISSIONER OF BANKING TODAY.

THE AVERAGE LIQUIDITY DURING THE MONTH WAS 45.31 PER CENT.

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

THE FOLLOWING TABLES GIVE A DETAILED BREAKDOWN OF BANK LIABILITIES AND ASSETS AND MONEY SUPPLY FOR THE MONTH.

LIABILITIES

1. DEPOSITS

$ MILLION

56,093

39,260

10,968

TOTAL LIABILITIES:

106,321

2.

AMOUNT DUE TO BANKS ABROAD

3.

OTHER LIABILITIES

ASSETS

1.

CASH

2.

AMOUNT DUE FROM BANKS ABROAD:

(1) DEMAND AND SHORT TERM CLAIMS 31,154

3.

LOANS AND ADVANCES:

(I) HONG KONG

(II) ABROAD

4.

INVESTMENTS:

8

(I) HONG KONG

(11) ABROAD

1,084

37,793

39,833

18,468

58,301

3,905

92

3,997

5.

OTHER ASSETS:

{1) HONG KONG

4,932

(II) ABROAD

214

5,146

TOTAL'ASSETS

106,321

AVERAGE LIQUIDITY DURING MONTH

45.31%

/MONEY SUPPLY