XN000022-1978-10-03 — Page 7

TUESDAY, OCTOBER 3, 1978

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BANKING STATISTICS FOR AUGUST

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BANKING DEPOSITS AT THE END OF AUGUST THIS YEAR STOOD AT $63,045 MILLION, COMPRISING $15,180 MILLION IN DEMAND DEPOSITS, $23,721 MILLION IN TIME DEPOSITS AND $24,144 MILLION IN SAVINGS DEPOSITS, ACCORDING TO STATISTICS RELEASED BY THE BANKING COMMISSIONER'S OFFICE TODAY.

THE AVERAGE LIQUIDITY DURING THE MONTH WAS 45.24 PER CENT.

THERE WERE 77 LICENSED BANKS IN HONG KONG AT THE END OF

AUGUST.

THE FOLLOWING TABLES SHOW A DETAILED BREAKDOWN OF BANK LIABILITIES, ASSETS AND MONEY SUPPLY AT THE END OF THE MONTH:-

LIABILITIES

DEPOSITS

AMOUNT DUE TO BANKS ABROAD

OTHER LIABILITIES

ASSETS

$MILLION

63,045

39,294

13,057

TOTAL LIABILITIES:

115,396

CASH

1,093

AMOUNT DUE FROM BANKS ABROAD:

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

35,568

7,485

43,053

LOANS AND ADVANCES:

$8

HONG KONG ABROAD

44,846

15,827

60,673

INVESTMENTS:

(1) HONG KONG

4,038

(11) ABROAD

121

4.159

OTHER ASSETS:

HONG KONG

(ii) ABROAD

5,975

443

6,418

TOTAL ASSETS:

115,396

MONEY SUPPLY