XN000022-1981-01-09 — Page 2

FRIDAY, JANUARY 9, 1981

1

MONEY STATISTICS FOR NOVEMBER 1980

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A FURTHER OUTFLOW OF FUNDS FROM THE HONG KONG MONETARY SECTOR DURING NOVEMBER 1980 CONTRIBUTED TO A FALL IN THE GROWTH RATES OF THE MONEY SUPPLY ON ALL DEFINITIONS, SOMEWHAT OFFSET BY THE FACT THAT LOANS AND ADVANCES IN HONG KONG BY BOTH BANKS AND DEPOSIT- COMPANIES ROSE FASTER IN THAT MONTH THAN IN OCTOBER.

THE NOVEMBER MONEY SUPPLY AND FINANCIAL STATISTICS, PUBLISHED TODAY, AND COMPARISONS WITH PREVIOUS MONTHS, ARE SET OUT AS FOLLOWS:

MONEY AND BANKING FIGURES END OF NOVEMBER 1980 (HK$M)

FIGURES FOR EARLIER MONTHS % CHANGE):

NOV 1980

OCT

1980

AUG 1980

NOV 1979

M1

24 394

25 575 (-4.6%)

M2

95 058

95 636 (-0.6%)

+3

134 117

131 311 (+2.1%)

24 074 (+1.3%)

93 004 (+2,2%)

124 207 (+8.0%)

20 039 (+21.7%) *

72 957 (+30.3%)*

95 833 (+39.9%)*

BANKS

-

DEPOSITS

86 816

LOANS AND ADVANCES

IN HK

90 865

85 278 (+6.6%)

87 407 (-0.7%)

85 016 (+2.1%)

76 764 (+18.4%)

66 028 (+31.5%)*

58 653 (+54.9%)*

LOAN/DEPOSIT RATIO

104.7%

97.6%%

90.3%

88.8%

AVERAGE LIQUIDITY

48.2%

46.8%

48.6%

48.9%

RATIO

DEPOSIT-TAKING COMPANIES

DEPOSITS

39 059

35 675 (+9.5%)

31 203 (+25.2%)

22 876 (+70.7%)

LOANS AND ADVANCES

IN HK

28 689

27 149 (+5.7%)

24 784 (+15.8%)

13 085 (+119.3%)

LOAN/DEPOSIT RATIO

73.5%

76.1%

79.4%

57.2%

AVERAGE LIQUIDITY

46.6%

47.9%

46.4%

RATIO A

/BANKS AID