XN000022-1992-10-29 — Page 8

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THURSDAY, OCTOBER 29, 1992

LOANS TO FINANCE TRADE NOT TOUCHING HONG KONG DECREASED BY 1.8% DURING SEPTEMBER, AFTER A DECREASE OF 23.0% IN JULY AND AN INCREASE OF 1.2% IN AUGUST. YEAR-ON-YEAR, THESE LOANS DECREASED BY 6.2%.

QUARTERLY ANALYSIS OF LOANS AND ADVANCES FOR USE IN HONG KONG BY SECTOR

DURING THE THIRD QUARTER OF 1992, TOTAL LOANS FOR USE IN KONG (EXCLUDING THOSE FOR TRADE FINANCING) INCREASED BY 3.8%.

OF THESE, LOANS FOR USE IN MANUFACTURING INCREASED FOLLOWING INCREASES OF 4.5% AND 5.2% IN THE FIRST AND SECOND OF 1992 RESPECTIVELY, YEAR-ON-YEAR, THESE LOANS GREW BY 10.3%.

KONG

BY 0.4%,

QUARTER

DEVELOPMENT AND LOANS TO BUILDING, CONSTRUCTION AND PROPERTY

QUARTER, FOLLOWING INVESTMENT SECTOR ROSE BY 2.1% DURING THE THIRD

YEAR-ON- INCREASES OF 1.5% AND 4.0% DURING THE PREVIOUS TWO QUARTERS. YEAR, THESE LOANS GREW BY 11.6%.

0.8% DURING LOANS TO WHOLESALE AND RETAIL TRADE DECREASED BY THE THIRD QUARTER, COMPARED WITH INCREASES OF 3.8% AND 4.8% DURING THE PRECEDING TWO QUARTERS. YEAR-ON-YEAR, THESE LOANS INCREASED BY 9.6%.

LOANS TO FINANCIAL CONCERNS (EXCLUDING AUTHORISED INSTITUTIONS) ROSE BY 9.2% THIS QUARTER, FOLLOWING INCREASES OF 3.8% AND 0.9% DURING RESPECTIVELY. YEAR-ON-YEAR, THE FIRST AND SECOND QUARTER OF THESE COANS INCREASED BY 21.6%.

1992

PROPERTY

BY 3.5% THIS PRECEDING TWO

LOANS TO INDIVIDUALS FOR THE PURCHASE OF RESIDENTIAL (OTHER THAN FLATS IN THE HOME OWNERSHIP SCHEME) GREW QUARTER, FOLLOWING INCREASES OF 3.2% AND 5.3% IN THE QUARTERS. YEAR-ON-YEAR, THESE LOANS GREW BY 18.4%.

NUMBER OF REPORTING INSTITUTIONS

LICENCE WHILE THAT OF

THE NUMBER OF REPORTING LICENSED BANKS AND RESTRICTED BANKS REMAINED UNCHANGED AT 159 AND 54 RESPECTIVELY DEPOSIT-TAKING COMPANIES DECREASED BY ONE TO 148.

NOTE TO EDITORS:

OUT SUMMARY SETS

FOR SEPTEMBER TABLE 1 COMPARISONS WITH BARLIER MONTHS. TABLE 2 PRESENTS FIGURES

ANALYSIS OF QUARTERLY

LOANS AND ADVANCES FOR USE IN

FIGURES

1992

AND

FROM

THE

HONG KONG BY

SECTOR.

/TABLE 1

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