XN000022-1990-08-03 — Page 3

2

FRIDAY, AUGUST 3, 1990

PER IN

2.2

RATES

THE

TOTAL M1, M2 AND M3 ROSE BY 3.2 PER CENT, 2.5 PER CENT AND CENT DURING JUNE RESPECTIVELY. THEIR CORRESPONDING GROWTH MAY WERE 1.7 PER CENT, 1.5 PER CENT AND 1.5 PER CENT. YEAR, TOTAL M1, M2 AND M3 GREW BY 9.2 PER CENT, 21.7 PER CENT AND 20.7 PER CENT RESPECTIVELY.

LOANS AND ADVANCES

OVER

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 3.0 PER CENT IN JUNE, FOLLOWING INCREASES OF

OF PER CENT AND 6.8 PER CENT IN APRIL AND MAY RESPECTIVELY.

THE 0.5 TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLARS BY 0.8 PER CENT DURING JUNE, WHILE FOREIGN CURRENCY DENOMINATED GREW BY 4.5 PER CENT.

GREW LOANS

1.

4

LOANS ΤΟ FINANCE VISIBLE TRADE OF HONG KONG ROSE BY 2.2 PER CENT IN JUNE, FOLLOWING INCREASES OF 1.1 PER CENT AND 1.2 PER CENT IN APRIL AND MAY RESPECTIVELY.

BY OVER THE YEAR, THESE LOANS GREW PER CENT.

OTHER LOANS FOR USE IN HONG KONG GREW BY 1.5 PER CENT IN JUNE COMPARED WITH INCREASES OF 1.8 PER CENT AND 0.9 PER CENT IN APRIL AND MAY RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 20.4 PER CENT.

•

LOANS FOR USE OUTSIDE HONG KONG INCREASED BY 4 1 PER CENT IN OF JUNE, FOLLOWING A DECLINE OF 0.7 PER CENT IN APRIL AND AN INCREASE 13.6 PER CENT IN MAY. OVER THE YEAR, THESE LOANS GREW BY 67.9 PER CENT.

LOANS то FINANCE MERCHANDISING TRADE NOT TOUCHING HONG KONG FELL BY 4.

.8 PER CENT IN JUNE, AFTER AN INCREASE OF 9.9 PER CENT IN APRIL AND A DECLINE OF 3.1 PER CENT IN MAY. OVER THE YEAR, THESE LOANS DECREASED BY 0.6 PER CENT.

QUARTERLY ANALYSIS OF LOANS AND ADVANCES SECTOR

FOR

USE IN HONG KONG BY

IN THE SECOND QUARTER OF 1990, TOTAL LOANS FOR USE IN HONG KONG INCREASED BY 4.2 PER CENT. OF THESE, LOANS FOR USE IN MANUFACTURING ROSE BY 2.8 PER CENT, FOLLOWING AN INCREASE OF 3.9 PER CENT FIRST QUARTER. OVER THE YEAR, THESE LOANS GREW BY 4.5 PER CENT.

IN

THE

6.6

LOANS TO FINANCE WHOLESALES AND RETAIL TRADE INCREASED BY PER CENT,

AFTER A GROWTH OF 4.3 PER CENT IN THE PREVIOUS QUARTER. OVER THE YEAR, THESE LOANS ROSE BY 5.8 PER CENT.

LOANS ΤΟ FINANCIAL CONCERNS (OTHER THAN INSTITUTIONS) ROSE BY 3.7 PER CENT THIS QUARTER, AFTER AN INCREASE 6.3 PER CENT IN THE PRECEDING QUARTER. OVER THE YEAR, GREW BY 38.8 PER CENT.

AUTHORISED

OF

THESE

LOANS

/LOANS TO