XN000022-1992-12-30 — Page 7

ON

WEDNESDAY, DECEMBER 30, 1992

TOTAL

RESPECTIVELY

MI, M2 AND M3 DECREASED BY 38.3%, 8.7% AND 8.3% IN NOVEMBER.

THESE COMPARED WITH INCREASES OF 49.7%, 9.4% AND 8.9% RESPECTIVELY IN OCTOBER.

YEAR-ON-YEAR, THESE MONETARY AGGREGATES INCREASED BY 20.9%,

12.1% AND 10.7% RESPECTIVELY.

LOANS AND ADVANCES

BY AUTHORISED

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED INSTITUTIONS DECREASED BY 5.6% IN NOVEMBER, FOLLOWING INCREASES OF 2.5% AND 3.5% IN SEPTEMBER AND OCTOBER RESPECTIVELY.

AMONG THESE LOANS, HONG KONG DOLLAR LOANS DECREASED BY 14.0% WHILE FOREIGN CURRENCY LOANS DECREASED BY 1.0%.

COMPARED WITH A YEAR EARLIER, THESE LOANS INCREASED BY 13.4% AND 13.7% RESPECTIVELY.

LOANS TO FINANCE VISIBLE TRADE OF HONG KONG DECREASED BY 1.4% IN NOVEMBER, AFTER A DECREASE OF 1.9% IN SEPTEMBER AND AN INCREASE OF 0.04% IN OCTOBER. YEAR-ON-YEAR, SUCH LOANS GREW BY 6.2%.

OTHER LOANS FOR USE IN HONG KONG DECREASED BY 12.3% IN NOVEMBER FOLLOWING INCREASES OF 2.3% AND 13.7% IN SEPTEMBER AND OCTOBER RESPECTIVELY. YEAR-ON-YEAR, THESE LOANS INCREASED BY 13.3%.

+

LOANS FOR USE OUTSIDE HONG KONG DECREASED BY 1.3% IN NOVEMBER, AFTER AN INCREASE OF 3.0% IN SEPTEMBER AND A DECREASE OF 2.5% IN OCTOBER. YEAR-ON-YEAR, THESE LOANS GREW BY 15.0%.

LOANS TO FINANCE TRADE NOT TOUCHING HONG KONG INCREASED BY 3.3% DURING NOVEMBER, AFTER A DECREASE OF 1.8% IN SEPTEMBER AND AN INCREASE OF 2.9% IN OCTOBER. YEAR-ON-YEAR, THESE LOANS INCREASED BY 8.6%.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING LICENSED BANKS INCREASED BY ONE TO 160 WHILE THE NUMBER OF RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED AT 55 AND 147 RESPECTIVELY.

/TABLE 1