XN000022-1982-01-07 — Page 4

THURSDAY, JANUARY 7, 1982

BALANCE SHEET RATIOS

THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 18 OF THE BANKING ORDINANCE, FOR ALL BANKS IN HONG KONG ROSE IN NOVEMBER TO 54.3 PER CENT FROM 53.9 PER CENT IN OCTOBER. THE RATIO OF THEIR LOANS FOR USE IN HONG KONG TO THEIR DEPOSITS ROSE TO 98.4 PER CENT AT THE END OF NOVEMBER FROM 98.1 PER CENT AT THE END OF OCTOBER.

THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 24A OF THE DEPOSIT-TAKING COMPANIES ORDINANCE) FOR ALL DEPOSIT-TAKING COMPANIES FELL TO 44.8 PER CENT IN NOVEMBER FROM 46.5 PER CENT IN OCTOBER. THE RATIO OF THEIR LOANS FOR USE IN HONG KONG TO THEIR DEPOSITS ROSE TO 63.9 PER CENT AT THE END OF NOVEMBER FROM 61.2 PER CENT AT THE END OF OCTOBER.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING BANKS ROSE BY 1 IN NOVEMBER TO 119, AND THE NUMBER OF REPORTING DEPOSIT-TAKING COMPANIES ALSO INCREASED BY 1 TO 349.

ORIGINAL SERIES

M1

M2

THE DEFINITIONS OF THE MONEY SUPPLY

NOTES AND COINS WITH THE PUBLIC, PLUS DEMAND DEPOSITS, OTHER THAN FROM BANKS AND DEPOSIT-TAKING COMPANIES, WITH LICENSED BANKS.

M1 PLUS SAVINGS AND TIME DEPOSITS, OTHER THAN FROM BANKS AND DTCS, WITH LICENSED BANKS.

M3 M2 PLUS DEPOSITS, OTHER THAN FROM BANKS AND DTCS, WITH DEPOSIT-

TAKING COMPANIES.

NEW SERIES

M1

=

TOTAL

M2 TOTAL

M3 - TOTAL

HK$M1 HK$M2 HK $M3

NOTES AND COINS WITH THE PUBLIC. PLUS CUSTOMERS' DEMAND DEPOSITS WITH LICENSED BANKS.

M1 PLUS CUSTOMERS' SAVINGS AND TIME DEPOSITS WITH LICENSED BANKS, PLUS NEGOTIABLE CERTIFICATES OF DEPOSIT ISSUED BY LICENSED BANKS AND HELD OUTSIDE THE MONETARY SECTOR.

M2 PLUS CUSTOMERS' DEPOSITS WITH DEPOSIT-TAKING COMPANIES PLUS NEGOTIABLE CERTIFICATES OF DEPOSIT ISSUED BY DEPOSIT-TAKING COMPANIES AND HELD OUTSIDE THE MONETARY SECTOR.

NOTES AND COINS PLUS THE HONG KONG DOLLAR- DENOMINATED ELEMENT OF THE DIFFERENT CATEGORIES OF DEPOSIT AND NEGOTIABLE CD AS APPROPRIATE.

/TABLE 1