XN000022-1992-02-01 — Page 3

DEPOSITS

2

SATURDAY, FEBRUARY 1, 1992

AUTHORISED

INSTITUTIONS,

HONG KONG DOLLAR DEPOSITS WITH ADJUSTED TO INCLUDE SWAP DEPOSITS, ROSE BY 1.2% IN DECEMBER FOLLOWING INCREASES OF 0.5% AND 2.4% IN OCTOBER AND NOVEMBER RESPECTIVELY. AMONG THESE DEPOSITS, DEMAND DEPOSITS, SAVINGS DEPOSITS AND TIME DEPOSITS GREW BY 1.0%, 1.8% AND 0.9% RESPECTIVELY DURING DECEMBER. YEAR-ON-YEAR, TOTAL HONG KONG DOLLAR DEPOSITS REGISTERED AN INCREASE OF 16.2%.

FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS ROSE BY 3.0% IN DECEMBER, AFTER INCREASES OF 1.8% AND 0.7% IN OCTOBER AND NOVEMBER RESPECTIVELY. OF THESE DEPOSITS, V.S. DOLLAR DEPOSITS BY 2.9% WHILE NON-U.S. DOLLAR DEPOSITS ROSE BY 3.1%. DURING TOTAL FOREIGN CURRENCY DEPOSITS INCREASED BY 8.3%.

ROSE 1991,

DURING DECEMBER, DEPOSITS. OF ALL CURRENCIES WITH LICENSED BANKS INCREASED BY 2.5% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES DROPPED BY 3.5% AND 3.2% RESPECTIVELY. YEAR- ON-YEAR, DEPOSITS WITH LICENSED BANKS GREW BY 13.5% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES DECLINED BY 9.5% AND 27.3% RESPECTIVELY.

MONEY SUPPLY

HK$M1, HK$M2 AND HK$M3 INCREASED BY 1.8%, 1.6% AND 1.3% RESPECTIVELY IN DECEMBER, COMPARED WITH CORRESPONDING GROWTH RATES OF 1.6%, 2.4% AND 2.3% IN NOVEMBER. FOR THE WHOLE OF 1991. THESE MONETARY AGGREGATES INCREASED BY 21.7%, 17.9% AND 15.6% RESPECTIVELY.

TOTAL

M1, M2 AND M3 INCREASED BY 1.7%, 2.6% AND 2.3%

RESPECTIVELY IN DECEMBER. THEIR CORRESPONDING GROWTH RATES IN NOVEMBER WERE 1.8%, 1.4% AND 1.4%. OVER THE YEAR, THESE MONETARY AGGREGATES GREW BY 19.5%, 13.3% AND 11.6% RESPECTIVELY.

LOANS AND ADVANCES

2.9%

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS ROSE BY 3.5% IN DECEMBER, AFTER RISING BY 3.6% AND IN OCTOBER AND NOVEMBER RESPECTIVELY.

AMONG THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLAR INCREASED BY 1.8% WHILE THOSE DENOMINATED IN FOREIGN CURRENCY ROSE BY 4.3%. COMPARED WITH A YEAR EARLIER, THESE LOANS INCREASED BY 19.2% AND 28.6% RESPECTIVELY.

LOANS TO FINANCE VISIBLE TRADE OF HONG KONG DECREASED BY 0.2 IN DECEMBER, AFTER RISING BY 0.6% IN OCTOBER AND RECORDING NO GROWTH IN NOVEMBER. OVER THE YEAR, SUCH LOANS GREW BY 16.2%.

NOVEMBER

OTHER LOANS FOR USE IN HONG KONG INCREASED BY 1.6% IN DECEMBER, FOLLOWING INCREASES OF 0.7% AND 2.0% IN OCTOBER AND RESPECTIVELY. OVER THE YEAR, THESE LOANS INCREASED BY 18.5%.

/LOANS FOR