XN000022-1991-07-06 — Page 4

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SATURDAY, JULY 6, 1991.

LICENSED BANKS LICENCE BANKS AND

COMPARED WITH A YEAR EARLIER, DEPOSITS WITH INCREASED BY 18.7% WHILE THOSE WITH RESTRICTED DEPOSIT-TAKING COMPANIES FELL BY 5.2% AND 20.2% RESPECTIVELY.

MONEY SUPPLY

0.1% AND HK$M3 WITH CORRESPONDING

HK$M1 DECLINED BY 4.4%, WHILE HK$M2 GREW BY

COMPARED THESE RECORDED A ZERO GROWTH IN MAY. INCREASES OF 4.2%, 0.9% AND 0.8% IN APRIL.

OVER THE YEAR, THESE MONETARY AGGREGATES ROSE BY 14.3%, AND 11.7% RESPECTIVELY.

13,3%

TOTAL M1, M2 AND M3

RESPECTIVELY IN MAY.

4.2%,

0.1% BY

AND DECLINED THEIR CORRESPONDING GROWTH RATES IN APRIL

0.4%

WERE

4.2%, 1.0% AND 0.8%.

OVER THE YEAR, TOTAL M1, M2 AND M3 GREW BY 15.8%,

18.2% AND

16.2% RESPECTIVELY.

LOANS AND ADVANCES

BY AUTHORISED

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED INSTITUTIONS INCREASED BY 1.8% IN MAY, FOLLOWING A DECREASE OF 1.2% IN MARCH AND AN INCREASE OF 1.4% IN APRIL.

KONG OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG

FOREIGN DOLLARS GREW BY 1.5% DURING MAY, WHILE THOSE DENOMINATED IN

OVER THE YEAR, THESE LOANS GREW BY 15.3% AND CURRENCIES ROSE BY 1.9%. 42.2% RESPECTIVELY.

OF

MARCH

LOANS TO FINANCE VISIBLE TRADE OF HONG KONG GREW BY

0.3% AND

IN 1.2% INCREASES RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 18.8%.

MAY, FOLLOWING

3.5% IN AND APRIL

MONTHS.

OTHER LOANS FOR USE IN HONG KONG GREW BY 0.9% IN MAY, FOLLOWING INCREASES OF 2.9% AND 0.4% RESPECTIVELY IN THE PRECEDING TWO OVER THE YEAR, THESE LOANS GREW BY 16.0%.

LOANS FOR USE OUTSIDE HONG KONG ROSE BY 2.4% IN MAY, DECREASE OF 2.3% IN MARCH AND AN INCREASE OF 8.6% IN APRIL. YEAR, THESE LOANS GREW BY 61.6%.

NUMBER OF REPORTING INSTITUTIONS

AFTER A OVER THE

THE NUMBER OF REPORTING LICENSED BANKS INCREASED BY ONE TO 165. THE NUMBER OF RESTRICTED LICENCE BANKS REMAINED UNCHANGED AT 45 WHILE THAT OF DEPOSIT-TAKING COMPANIES FELL BY TWO TO 166.

NOTES:

(1)

BEFORE FEBRUARY

"DEPOSIT-TAKING

TAKING

COMPANIES"

"RESTRICTED 1, 1990,

WERE KNOWN COMPANIES"

AND

DEPOSIT-TAKING "REGISTERED

LICENCE BANKS" AND

AS

"LICENSED

DEPOSIT~ COMPANIES

RESPECTIVELY.

(2) IN THE