XN000022-1991-11-01 — Page 10

FRIDAY, NOVEMBER 1, 1991

OF THESE DEPOSITS, DEMAND DEPOSITS AND SAVINGS DEPOSITS ROSE BY 8.9% AND 7.0% RESPECTIVELY WHILE TIME DEPOSITS FELL BY 0.9% IN SEPTEMBER. COMPARED WITH A YEAR AGO, TOTAL HONG KONG DOLLAR DEPOSITS GREW BY 12.1%.

FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS INCREASED BY 0.4% IN SEPTEMBER, FOLLOWING A DECREASE OF 0.7% AND AN INCREASE OF 0.6% RESPECTIVELY IN JULY AND AUGUST.

AMONG THESE DEPOSITS, U.S. DOLLAR DEPOSITS ROSE BY 1.5% WHILE NON-U.S. DOLLAR DEPOSITS DECLINED BY 0.4% IN SEPTEMBER. OVER THE YEAR, TOTAL FOREIGN CURRENCY DEPOSITS INCREASED BY 10.0%.

DURING SEPTEMBER, DEPOSITS OF ALL CURRENCIES WITH LICENSED BANKS AND RESTRICTED LICENCE BANKS ROSE BY 1.4% AND 5.1% RESPECTIVELY WHILE DEPOSITS WITH DEPOSIT-TAKING COMPANIES DECLINED BY 2.5%.

BANKS

COMPARED WITH A YEAR EARLIER, DEPOSITS WITH LICENSED INCREASED BY 12.8% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES FELL BY 8.3% AND 23.9% RESPECTIVELY.

MONEY SUPPLY

HK$M1, HK$M2 AND HK$M3 INCREASED BY 5.4%, 2.8% AND 2.7% RESPECTIVELY IN SEPTEMBER, COMPARED WITH CORRESPONDING GROWTH RATES OF 3.2%, 2.8% AND 2.6% IN AUGUST.

OVER THE YEAR, THESE MONETARY AGGREGATES ROSE BY 24.0%, 13.8% AND 12.2% RESPECTIVELY.

TOTAL M1, M2 AND M3 INCREASED BY 7.1%. 1.3% AND 1.4% RESPECTIVELY IN SEPTEMBER. THEIR CORRESPONDING GROWTH RATES IN AUGUST WERE 3.0%, 1.7% AND 1.5%.

OVER THE YEAR, TOTAL M1, M2 AND M3 GREW BY 22.8%, 12.5% AND 10.9% RESPECTIVELY.

LOANS AND ADVANCES

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 1.9% IN SEPTEMBER, AFTER INCREASES OF 2.0% AND 2.4% IN JULY AND AUGUST RESPECTIVELY.

OF THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLAR AND THOSE DENOMINATED IN FOREIGN CURRENCY GREW BY 1.5% AND 2.1% RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 18.6% AND 24.6% RESPECTIVELY.

LOANS TO FINANCE EXTERNAL TRADE OF HONG KONG DECLINED BY IN SEPTEMBER, FOLLOWING INCREASES OF 2.0% AND 1.3% IN JULY AND RESPECTIVELY. OVER THE YEAR, THESE LOANS GREW BY 17.2%.

0.8% AUGUST

/OTHER LOANS

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