XN000022-1991-10-04 — Page 4

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FRIDAY, OCTOBER 4, 1991

AMONG THESE DEPOSITS, US DOLLAR DEPOSITS ROSE BY 1.6% WHIL

DOLLAR DEPOSITS RECORDED NO CHANGE IN AUGUST. OVER THE YEAR,

NON-US TOTAL FOREIGN CURRENCY DEPOSITS INCREASED BY 13.5%.

DURING AUGUST, DEPOSITS OF ALL CURRENCIES WITH LICENSED BANKS ROSE BY 1.6% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT- TAKING COMPANIES DECLINED BY 1.2% AND 4.3% RESPECTIVELY.

COMPARED WITH A YEAR EARLIER, DEPOSITS WITH LICENSED BÁNKS INCREASED BY 13.1% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES FELL BY 8.5% AND 20.7% RESPECTIVELY.

MONEY SUPPLY

HK$M1, HK$N2 AND HK$M3 INCREASED BY 3.2%, 2.8% AND 2.6% RESPECTIVELY IN AUGUST, COMPARED WITH CORRESPONDING GROWTH RATES OF 7.2%, 1.8% AND 1.6% IN JULY.

OVER THE YEAR, THESE MONETARY AGGREGATES ROSE BY 19.0%, 10.4% AND 9.0% RESPECTIVELY.

TOTAL M1, M2 AND M3 INCREASED RESPECTIVELY IN AUGUST.

BY 3.0%, 1.7% AND

1.52:

0.2% AND 12.8% AND

THEIR CORRESPONDING GROWTH RATES IN JULY WERE 5.1%, 0.3%. OVER THE YEAR, TOTAL M1, M2 AND M3 GREW BY 18.9%, 11.3% RESPECTIVELY.

LOANS AND ADVANCES

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 2.4% IN AUGUST, AFTER INCREASES OF 0.8% 2.0% IN JUNE AND JULY RESPECTIVELY.

AND

OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLARS

THOSE DENOMINATED IN FOREIGN CURRENCY GREW BY 1.4% AND 3.0% RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 17.4% AND 29.5%

RESPECTIVELY.

LOANS TO FINANCE EXTERNAL TRADE OF HONG KONG GREW BY 1.3% IN AUGUST, FOLLOWING INCREASES OF 3.8% AND 2.0% IN JUNE AND JULY

RESPECTIVELY.

OVER THE YEAR, THESE LOANS GREW BY 22.9%. OTHER LOANS FOR USk IN HONG KONG GREW BY 1.3% IN AUGUST, FOLLOWING INCREASES OF 1.3% AND 1.5% RESPECTIVELY IN THE PREVIOUS TWO MONTHS.

FOR

USE

THE YEAR, OVER

THESE LOANS GREW BY 16.6%. LOANS FOR OUTSIDE HONG KONG ROSE BY 3.4% IN AUGUST, AFTER INCREASES OF 0.5% AND 2.9% IN JUNE AND JULY RESPECTIVELY. OVER THE YEAR, THESE LOANS BY 46.0%.

NUMBER OF REPORTING INSTITUTIONS

THE

GRRW

ÅT

ΤΟ

49

NUMBER OF REPORTING LICENSED BANKS REMAINED UNCHANGED 163.

THE NUMBER OF RESTRICTED LICENCE BANKS INCREASED BY ONE WHILE THAT OF DEPOSIT-TAKING COMPANIES DECREASED BY ONE TO 162.

/TABLE 1: