XN000022-1993-01-29 — Page 6

- 5

1

FRIDAY, JANUARY 29, 1993

LOANS FOR USE OUTSIDE HONG KONG INCREASED BY 0.4% IN DECEMBER, DECREASES OF 2.5% AND 1.3% IN OCTOBER AND NOVEMBER. YEAR-ON-

AFTER YEAR, THESE LOANS GREW BY 9.8%.

LOANS TO FINANCE TRADE NOT TOUCHING HONG KONG INCREASED BY 0.5% DURING DECEMBER, AFTER INCREASES OF 2.9% AND 3.3% IN OCTOBER AND NOVEMBER RESPECTIVELY. YEAR-ON-YEAR, THESE LOANS DECREASED BY 4.0%.

QUARTERLY ANALYSIS OF LOANS AND ADVANCES FOR

USE IN HONG KONG BY SECTOR

KONG

DURING THE FOURTH QUARTER OF 1992, TOTAL LOANS FOR USE IN HONG (EXCLUDING THOSE FOR TRADE FINANCING) DECREASED BY 0.3%.

BY

OF THESE, LOANS FOR USE IN MANUFACTURING INCREASED FOLLOWING INCREASES OF 5.2% AND 0.4% IN THE SECOND AND QUARTERS OF 1992 RESPECTIVELY. YEAR-ON-YEAR, THESE LOANS BY 16.9%.

5.9%, THIRD GREW

LOANS TO BUILDING, CONSTRUCTION AND PROPERTY DEVELOPMENT AND INVESTMENT SECTOR ROSE BY 5.0% DURING THE FOURTH QUARTER, FOLLOWING INCREASES OF 4.0% AND 2.1% DURING THE PREVIOUS TWO QUARTERS, YEAR-ON- YEAR, THESE LOANS GREW BY 13.1%.

LOANS TO WHOLESALE AND RETAIL TRADE INCREASED BY 1.5% DURING THE FOURTH QUARTER, COMPARED WITH AN INCREASE OF 4.8% AND A DECREASE OF 0.8% DURING THE PRECEDING TWO QUARTERS. YEAR-ON-YEAR, THESE LOANS INCREASED BY 9.5%.

LOANS TO FINANCIAL CONCERNS (EXCLUDING AUTHORISED INSTITUTIONS) FELL BY 8.8% THIS QUARTER, FOLLOWING INCREASES OF 0.9% AND 9.2% DURING THE SECOND AND THIRD QUARTERS OF 1992 RESPECTIVELY. YEAR-ON-YEAR, THESE LOANS INCREASED BY 10.1%.

GROWTH IN LOANS TO INDIVIDUALS FOR THE PURCHASE OF RESIDENTIAL PROPERTY (OTHER THAN FLATS IN THE HOME OWNERSHIP SCHEME) SLOWED DOWN TO 1.1% THIS QUARTER, FOLLOWING INCREASES OF 5.3% AND 3.5% IN THE PRECEDING TWO QUARTERS. YEAR-ON-YEAR, THESE LOANS GREW BY 13.6%.

NUMBER OF REPORTING INSTITUTIONS

THE NUMBER OF REPORTING LICENSED BANKS INCREASED BY ONE TO 161. THE NUMBER OF RESTRICTED LICENCE BANKS REMAINED UNCHANGED AT 55 WHILE THAT OF DEPOSIT-TAKING COMPANIES DECREASED BY ONE TO 146.

/TABLE 1