XN000022-1988-08-30 — Page 10

LOANS AND ADVANCES

9

TUESDAY, AUGUST 30, 1988

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT-TAKING COMPANIES GREW BY 0. 6 PER CENT IN JULY, FOLLOWING INCREASES OF 1.9 PER CENT AND 0.8 PER CENT IN MAY AND JUNK RESPECTIVELY.

KONG

OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG DOLLARS GREW BY 1.7 PER CENT, WHILE THOSE DENOMINATED IN FOREIGN CURRENCIES FELL BY 0.2 PER CENT.

LOANS TO FINANCE VISIBLE TRADE OF HONG KONG GREW BY 2.5 PER CENT IN JULY AFTER INCREASES OF 3.8 PER CENT AND 6.8 PER CENT IN MAY AND JUNE RESPECTIVELY; OVER THE YEAR, THESE LOANS GREW BY 22.0 PER CENT.

OTHER LOANS FOR USE IN HONG KONG GREW BY 1.3 PER CENT COMPARED WITH RESPECTIVE GROWTH RATES OF 3.3 PER CENT AND CENT IN MAY AND JUNE. OVER THE YEAR, THESE LOANS GREW BY CENT.

IN JULY

1.9 PER 24.5 PER

0. 3 PER CENT IN

LOANS FOR USE OUTSIDE HONG KONG EDGED UP BY JULY AFTER AN INCREASE OF 0.6 PER CENT IN MAY AND A FALL OF 0.5 PER CENT IN JUNE. OVER THE YEAR, THESE LOANS GREW BY 43.3 PER CENT.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING LICENSED BANKS AND LICENSED DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED AT

158 AND 35 RESPECTIVELY, WHILE THAT OF REGISTERED DEPOSIT-TAKING COMPANIES DECREASED BY TWO TO 224.

/MONETARY STATISTICS

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