XN000022-1982-08-12 — Page 3

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THURSDAY.

12, 1900

WITHIN THE TOTAL, LOANS BY BANKS GREW IN JUNE BY 2.5 PER CENT, AND THOSE BY DEPOSIT-TAKING COMPANIES BY 2.2 PER CENT, FOLLOWING INCREASES OF 2.1 PER CENT AND 0.8 PER CENT RESPECTIVELY IN THE PREVIOUS MONTH.

QUARTERLY ANALYSIS OF LOANS AND ADVANCES FOR USE IN HONG KONG BY SECTOR

IN THE SECOND QUARTER, LOANS AND ADVANCES EXTENDED BY BANKS AND DTCS TO THE MANUFACTURING SECTOR ROSE BY 3.1 PER CENT, *MILE THOSE TO THE BUILDING AND CONSTRUCTION SECTOR ROSE BY 13.4 PER CENT. LOANS TO THE WHOLESALE AND RETAIL TRADE DECLINED BY 0.9 PER CENT. BORROWING BY INDIVIDUALS TO PURCHASE FLATS IN THE HOME OWNERSHIP SCHEME AND PRIVATE SECTOR PARTICIPATION SCHEME EXPANDED BY 17.3 PER CENT, AND BORROWING TO PURCHASE OTHER RESIDENTIAL PROPERTY ROSE BY 3.6 PER CENT.

FOREIGN CURRENCY ASSETS AND LIABILITIES

THERE WERE INCREASES IN JUNE OF $26.4BN., TO 3469.13N.

IN THE SPOT FOREIGN CURRENCY LIABILITIES OF THE MONETARY SECTOR AND OF $22.391., TO $457.73., IN THE SPOT FOREIGN CURRENCY ASSETS. THUS, THE SECTOR AS A WHOLE HAD NET FOREIGN CURRENCY LIABILITIES AT THE END OF JUNE OF $11.4BN. : WITHIN THIS, BANKS HAD NET LIABILITIES OF 34,23N., AND DEPOSIT-TAKING COMPANIES HAD NET LIABILITIES OF $7.2EN.

BALANCE SHEET RATIOS

THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 18 OF THE BANKING ORDINANCE) FOR ALL BANKS IN HONG KONG FELL IN JUNE TO 48.7 PER CENT FROM 49.5 PER CENT IN MAY. THE RATIO OF THEIR LOANS FOR USE IN HONG KONG TO THEIR DEPOSITS FELL AGAIN, TO 82.2 PER CENT AT THE END OF JUNE FROM 86.8 PER CENT AT THE END OF MAY, PARTLY REFLECTING THE CONTINUING RAPID EXPANSION OF DEPOSITS WITH BANKS DURING THE MONTH.

THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 24A OF THE DEPOSIT-TAKING COMPANIES ORDINANCE) FOR ALL DEPOSIT-TAK ING COMPANIES ROSE TO 53.4 PER CENT IN JUNE FROM 51.4 PER CENT IN MAY. THE RATIO OF THE IR LOANS FOR USE IN HONG KONG TO THEIR DEPOSITS ROSE FURTHER TO 95.2 PER CENT AT THE END OF JUNE FROM 85.2 PER CENT AT THE END OF MAY, LARGELY REFLECTING THE CONTINUED DECLINE IN DEPOSITS WITH THEM.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING BANKS REMAINED UNCHANGED IN JUNE AT 123.

UNSER OF LICENSE DEPOSIT-TAKING COMPANIES INCREASED THE SUMBIP OF REGISTERED LEPOSIT-T KING COMPANIES

BY 7 TO 12.

FELL BY 5