XN000022-1992-05-29 — Page 12

MONEY SUPPLY

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FRIDAY, MAY 29, 1992

HK$M1, HK$M2 AND HK$M3 GREW BY 1.1%, 1.9% AND 1.8% RESPECTIVELY IN APRIL, COMPARED WITH INCREASES OF 2.8%, 0.8% AND 0.7% IN MARCH.

YEAR-ON-YEAR, THESE MONETARY AGGREGATES INCREASED BY 19.1%,

17.8% AND 15.9% RESPECTIVELY.

TOTAL M1, M2 AND M3 INCREASED BY 1.7%, 1.2% AND RESPECTIVELY IN APRIL.

1.1%

THESE COMPARED WITH THE CORRESPONDING RATES OF +0.9%, -0.2% AND -0.4% IN MARCH.

YEAR-ON-YEAR, THESE MONETARY AGGREGATES GREW BY 17.5%, 11.5% AND 9.9% RESPECTIVELY.

LOANS AND ADVANCES

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 0.7% IN APRIL, FOLLOWING A DECLINE OF 0.4% EACH IN FEBRUARY AND MARCH.

AMONG THE TOTAL OUTSTANDING LOANS, THOSE DENOMINATED IN HONG KONG DOLLAR INCREASED BY 1.1% WHILE THOSE DENOMINATED IN FOREIGN CURRENCY ROSE BY 0.5%.

COMPARED WITH A YEAR EARLIER, THESE LOANS INCREASED BY 17.1% AND 24.5% RESPECTIVELY.

LOANS TO FINANCE VISIBLE TRADE OF HONG KONG INCREASED BY 3.8% IN APRIL, AFTER A DECLINE OF 2.4% IN FEBRUARY AND AN INCREASE OF 1.0% IN MARCH.

YEAR-ON-YEAR, SUCH LOANS GREW BY 14.4%.

OTHER LOANS FOR USE IN HONG KONG ROSE BY 0.9% IN APRIL, FOLLOWING INCREASES OF 0.2% AND 1.4% IN FEBRUARY AND MARCH RESPECTIVELY.

YEAR-ON-YEAR, THESE LOANS INCREASED BY 16.7%. LOANS FOR USE OUTSIDE HONG KONG DECREASED BY 0.3% IN APRIL, AFTER DECREASES OF 0.5% AND 1.8% IN FEBRUARY AND MARCH RESPECTIVELY.

YEAR-ON-YEAR,

THESE LOANS GREW BY 28.2%.

LOANS TO FINANCE

AFTER YEAR-

TRADE NOT TOUCHING HONG KONG ROSE BY 7.2% DURING APRIL, INCREASES OF 2.1% AND 10.8% IN FEBRUARY AND MARCH RESPECTIVELY. ON-YEAR, THESE LOANS INCREASED BY 71.3%.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING LICENSED BANKS DECREASED BY ONE TO 160, WHILE THOSE OF RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED AT 55 AND 156 RESPECTIVELY.

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