XN000022-1991-03-08 — Page 3

DEPOSITS

2

FRIDAY, MARCH 8, 1991

HONG

KONG DOLLAR DEPOSITS

WITH AUTHORISED

INSTITUTIONS, IN JANUARY, 1.4%

ADJUSTED ΤΟ INCLUDE SWAP DEPOSITS, INCREASED BY 2.1% FOLLOWING A DECLINE OF 0.3% IN NOVEMBER AND AN INCREASE of DECEMBER RESPECTIVELY.

IN

DEPOSITS

OF THESE DEPOSITS, DEMAND DEPOSITS AND SAVINGS INCREASED BY 9.0% AND 7.6% RESPECTIVELY IN JANUARY WHILE TIME DEPOSITS DECREASED BY 2.0%. COMPARED WITH A YEAR AGO, TOTAL HONG KONG DEPOSITS GREW BY 17.5%.

DOLLAR

BY

FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS ROSE

IN NOVEMBER AND 1.9% IN JANUARY, AFTER INCREASES OF 1.7% AND 1.5% DECEMBER RESPECTIVELY.

AMONG THESE DEPOSITS, U.S. DOLLAR AND NON-U.S. ROSE BY 3.1% AND 1.1% RESPECTIVELY IN JANUARY. FOREIGN CURRENCY DEPOSITS INCREASED BY 25.2%.

DOLLAR DEPOSITS OVER THE YEAR,

TOTAL

DURING JANUARY, DEPOSITS OF ALL CURRENCIES WITH LICENSED

AND DEPOSIT- ROSE BY 2.2% WHILE THOSE WITH RESTRICTED LICENCE BANKS TAKING COMPANIES FELL BY 1.6% AND 2.9% RESPECTIVELY.

BANKS

AND

COMPARED WITH A YEAR EARLIER, DEPOSITS WITH LICENSED BANKS

BANKS INCREASED BY 22.7% AND 22.2% RESTRICTED LICENCE

RESPECTIVELY WHILE THOSE WITH DEPOSIT-TAKING COMPANIES FELL BY 3.7%.

MONEY SUPPLY

2.3% AND

1.9%

HK$M1, HK$M2 AND HK$M3 INCREASED BY 5.7%, RESPECTIVELY IN JANUARY. THEIR CORRESPONDING GROWTH RATES IN DECEMBER WERE

OVER THE YEAR, THESE MONETARY -0.6%, 1.7% AND 1.6%. ROSE BY 5.5%, 16.1% AND 15.1% RESPECTIVELY.

AGGREGATES

TOTAL M1, M2 AND M3 ROSE BY 3.2%, 2.2% AND 2.0% RESPECTIVELY IN JANUARY. THEIR CORRESPONDING GROWTH RATES IN DECEMBER WERE 1.3%, 1.6% AND AND 1.5%. OVER THE YEAR, TOTAL M1, M2 AND M3 GREW BY 7.1%, 21.1% 20.4% RESPECTIVELY.

LOANS AND ADVANCES

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED

BY AUTHORISED INSTITUTIONS INCREASED BY 3.0% IN JANUARY, FOLLOWING INCREASES OF 2.0% AND 1.2% IN NOVEMBER AND DECEMBER RESPECTIVELY.

OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG DOLLARS GREW BY 1.6% DURING JANUARY, WHILE THOSE DENOMINATED FOREIGN CURRENCIES ROSE BY 3.7%. OVER THE YEAR, THESE LOANS GREW 14.5% AND 69.5% RESPECTIVELY.

KONG

IN

BY

/LOANS TO