XN000022-1989-08-01 — Page 8

7

TUESDAY, AUGUST 1, 1989

LOANS TO FINANCE VISIBLE TRADE OF HONG KONG GREW BY 5.0 PER CENT IN JUNE, FOLLOWING INCREASES OF 4.4 PER CENT AND 3.0 PER CENT IN APRIL AND MAY RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 29.6 PER CENT,

OTHER LOANS FOR USE IN HONG KONG GREW MODESTLY BY 0.2 IN JUNE COMPARED WITH INCREASES OF 2.9 PER CENT AND 2.0 PER APRIL AND MAY RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW PER CENT.

PER CENT CENT IN

BY 34.9

LOANS FOR USE OUTSIDE HONG KONG INCREASED BY 5.2 PER CENT IN JUNE, AFTER DECREASES OF 8.1 PER CENT AND 5.6 PER CENT IN APRIL AND MAY RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 20.9 PER CENT.

LOANS TO FINANCE MERCHANDISING TRADE NOT TOUCHING HONG KONG FELL BY 0.8 PER CENT IN JUNE, AFTER AN INCREASE OF

0.2 PER CENT IN APRIL AND A DECREASE OF 21.7 PER CENT IN MAY. OVER THE YEAR, THESE LOANS GREW BY 77.7 PER CENT.

IN THE SECOND QUARTER OF 1989, LOANS AND ADVANCES THE MANUFACTURING SECTOR ROSE BY 8.6 PER CENT AFTER AN 11.6 PER CENT IN THE PREVIOUS QUARTER. OVER THE YEAR, GREW BY 36.7 PER CENT.

EXTENDED ΤΟ

INCREASE OF THESE LOANS

MODERATELY

LOANS TO THE WHOLESALE AND RETAIL TRADES INCREASED BY 0.7 PER CENT, FOLLOWING AN INCREASE OF 9.5 PER CENT IN THE FIRST QUARTER. OVER THE YEAR, THESE LOANS GREW BY 31.4 PER CENT.

ROSE

LOANS TO FINANCIAL CONCERNS (OTHER THAN BANKS AND DTC'S) BY 6.1 PER CENT THIS QUARTER, FOLLOWING AN INCREASE OF 20.2 PER CENT IN THE PRECEDING QUARTER. OVER THE YEAR, THESE LOANS GREW BY 63.2 PER CENT.

LOANS TO INDIVIDUALS FOR THE PURCHASE OF RESIDENTIAL PROPERTY (OTHER THAN FLATS IN THE HOME OWNERSHIP SCHEME) GREW BY 4. 0 PER CENT THIS QUARTER, AFTER AN INCREASE OF 6.4 PER CENT IN THE PREVIOUS QUARTER, OVER THE YEAR, THESE LOANS GREW BY 26.9 PER CENT.

LOANS TO THE BUILDING, CONSTRUCTION AND PROPERTY DEVELOPMENT SECTOR INCREASED BY 8.6 PER CENT IN THE SECOND QUARTER OF 1989, FOLLOWING A GROWTH OF 43.1 PER CENT IN THE PRECEDING QUARTER. OVER THE YEAR, THESE LOANS INCREASED BY 113.2 PER CENT.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING LICENSED BANKS DECREASED BY ONE TO 160, WHILE THOSE OF LICENSED DEPOSIT-TAKING COMPANIES AND REGISTERED DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED AT 35 AND 211 RESPECTIVELY.

/TABLE 1