XN000022-1986-11-04 — Page 5

TUESDAY, NOVEMBER 4, 1986

LOANS AND ADVANCES

LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES GREW FASTER IN SEPTEMBER, BY 2.6 PER CENT AFTER AN INCREASE OF 2.3 PER CENT IN JULY AND 0.5 PER CENT IN AUGUST. OVER THE 12 MONTHS, THEY GREW BY 14.0 PER CENT.

LOANS DENOMINATED IN HONG KONG DOLLARS GREW SLOWER AT 0.6 PER CENT WHILE LOANS DENOMINATED IN FOREIGN CURRENCIES GREW BY 4.5 PER CENT IN SEPTEMBER. OVER THE YEAR, THE FORMER GREW BY 8.4 PER CENT WHILE THE LATTER GREW BY 19.7 PER CENT.

WITHIN THE TOTAL, LOANS TO FINANCE THE VISIBLE TRADE OF HONG KONG ROSE BY 1.6 PER CENT AFTER A DECREASE OF 3.3 PER CENT IN AUGUST OVER THE YEAR THEY GREW BY 12.9 PER CENT. OTHER LOANS FOR USE IN HONG KONG INCREASED FASTER THIS MONTH BY 2.6 PER CENT AFTER INCREASES OF 1.7 PER CENT IN JULY AND 1.6 PER CENT IN AUGUST OVER THE YEAR, THEY GREW BY 12.0 PER CENT.

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

SECTOR

IN THE THIRD QUARTER, LOANS AND ADVANCES EXTENDED TO THE MANUFACTURING SECTOR ROSE BY 6.6 PER CENT AFTER AN INCREASE OF 5.2 PER CENT IN THE SECOND QUARTER. OVER THE YEAR, THESE LOANS GREW BY 16.4 PER CENT. LOANS TO THE WHOLESALE AND RETAIL TRADES INCREASED BY 9.9 PER CENT, FOLLOWING A DECREASE OF 2.7 PER CENT IN THE SECOND QUARTER. OVER THE YEAR, THESE LOANS GREW BY 22.0 PER CENT.

LOANS TO THE BUILDING AND CONSTRUCTION SECTOR ROSE BY 3.2 PER CENT AFTER FALLING FOR SEVEN CONSECUTIVE QUARTERS. LOANS TO INDIVIDUALS FOR THE PURCHASE OF RESIDENTIAL PROPERTY (OTHER THAN FLATS IN THE HOME OWNERSHIP SCHEME) ALSO ROSE FASTER, BY 11.6 PER CENT AFTER AN INCREASE OF 4.3 PER CENT IN THE FIRST QUARTER AND 8.6 PER CENT IN THE SECOND QUARTER, REFLECTING THE CONTINUED GROWTH IN ACTIVITIES IN THE PROPERTY MARKET. OVER THE 12 MONTHS, THESE LOANS GREW BY 32.9 PER CENT.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING LICENSED BANKS AND LICENSED DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED AT 149 AND 37 RESPECTIVELY. THE NUMBER OF REPORTING REGISTERED DEPOSIT-TAKING COMPANIES DECREASED BY 2 TO 259.

/TABLE 1