XN000022-1988-03-05 — Page 10

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SATURDAY, MARCH 5, 1988

AND 0.7 PKR CENT 10.8 PER CENT AND

BY FELL

0.5 PER

TOTAL M1 AND TOTAL M2 GREW BY 4.2 PER CENT RESPECTIVELY IN JANUARY 1988, AFTER INCREASES OF 6.0 PER CENT IN DECEMBER 1987. CENT, FOLLOWING AN INCREASE OF 4.3 PER CENT IN THE PRECEDING MONTH.

HOWEVER, TOTAL

DURING THE 12 MONTHS ENDING JANUARY 36.9 PER CENT, TOTAL M2 BY 27.4 PER CENT AND CENT.

M3

1988, TOTAL M1 GREW BY TOTAL M3 BY 23.9 PBR

LOANS AND ADVANCES

ADVANCES EXTENDED BY BANKS AND TOTAL OUTSTANDING LOANS AND DEPOSIT-TAKING COMPANIES GREW BY 0.3 PER CENT IN JANUARY.

THIS REPRESENTED A CONSIDERABLE SLOWDOWN WHEN SET RESPECTIVE GROWTH RATES OF 4.6 PER CENT AND 4.9 PER CENT AND DECEMBER 1987.

AGAINST THE IN NOVEMBER

KONG OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG

THOSE DENOMINATED IN FOREIGN DOLLAR EDGED UP BY 1.3 PER CENT WHILE CURRENCIES DROPPED BY 0.3 PER CENT.

3 PER GREW BY

BY 0.6 PER CENT IN LOANS FOR USE OUTSIDE HONG KONG DROPPED JANUARY 1988, FOLLOWING STRONG INCREASES OF 11.8 PER CENT AND 8. CENT IN THE PRECEDING TWO MONTHS; OVER THE YEAR, THESE LOANS 87.7 PER CENT.

KONG DECLINED BY IN NOVEMBER GREW BY 20.4

0.1

AND

PER

LOANS TO FINANCE VISIBLE TRADE OF HONG PER CENT IN JANUARY AFTER INCREASES OF 1.0 PER CENT 1.4 PER CENT IN DECEMBER; OVER THE YEAR, THESE LOANS CENT.

KONG ROSE BY 1.3 PER

IN CENT OTHER LOANS FOR USE IN HONG

AND A RISE OF JANUARY, AFTER A DECLINE OF 0.2 PER CENT IN NOVEMBER

PER 1.7 PER CENT IN DECEMBER; OVER THE YEAR, THESE LOANS GREW BY 28.4 CENT.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER

DEPOSIT-TAKING

OF REPORTING

LICENSED

BANKS,

DEPOSIT-TAKING

LICENSED COMPANIES

COMPANIES AND REGISTERED REMAINED UNCHANGED AT 154, 35 AND 232 RESPECTIVELY,

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