XN000022-1993-03-02 — Page 7

DEPOSITS

6

TUESDAY, MARCH 2, 1993

WITH

AUTHORISED

INSTITUTIONS,

HONG KONG DOLLAR DEPOSITS ADJUSTED ΤΟ

INCLUDE SWAP DEPOSITS, ROSE BY 1.3% IN JANUARY 1993 FOLLOWING A DECREASE OF 16.8% IN NOVEMBER 1992 AND AN INCREASE OF 1.6% IN DECEMBER 1992.

AMONG

THESE

DEPOSITS, SAVINGS DEPOSITS AND TIME DEPOSITS INCREASED BY 1.4% AND 2.8% RESPECTIVELY WHILE DEMAND DEPOSITS DECREASED BY 4.8%. YEAR-ON-YEAR, TOTAL HONG KONG DOLLAR DEPOSITS GREW BY 16.0%.

FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS INCREASED BY 3.8% IN JANUARY 1993, AFTER A DECREASE OF 0.5% IN NOVEMBER 1992 AND AN INCREASE OF 0.5% IN DECEMBER

1992.

OF THESE DEPOSITS, U.S. DOLLAR DEPOSITS INCREASED BY 8.4% WHILE NON-U.S. DOLLAR DEPOSITS DECREASED BY 0.3%. YEAR-ON-YEAR, TOTAL FOREIGN CURRENCY DEPOSITS GREW BY 8.8%.

DURING JANUARY 1993, DEPOSITS IN ALL CURRENCIES WITH LICENSED AND RESTRICTED LICENCE BANKS INCREASED BY 2.6% AND 6.4% RESPECTIVELY WHILE DEPOSITS WITH DEPOSIT-TAKING COMPANIES DROPPED BY

BANKS

2.6%.

YEAR-ON-YEAR, DEPOSITS WITH LICENSED BANKS GREW BY 12.9% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES DECLINED BY 3.0% AND 18.2% RESPECTIVELY.

MONEY SUPPLY

HK$M1, HK$M2 AND HK$M3 INCREASED BY 3.5%, 2.4% AND 2.4% RESPECTIVELY DURING JANUARY 1993, COMPARED WITH INCREASES OF 3.4%, 1.8% AND 1.9% DURING DECEMBER 1992.

YEAR-ON-YEAR, THESE MONETARY AGGREGATES INCREASED 16.3% AND 15.8% RESPECTIVELY.

TOTAL M1, M2 AND M3 INCREASED BY 4.7%, 3.1% RESPECTIVELY IN JANUARY 1993.

BY 14.8%,

AND

3.

1%

THESE COMPARED WITH INCREASES OF 1.9%, 1.4% RESPECTIVELY IN DECEMBER 1992.

AND

1.2%

YEAR-ON-YEAR, THESE MONETARY AGGREGATES INCREASED 12.9% AND 11.9% RESPECTIVELY.

BY 15.2%,

LOANS AND ADVANCES

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 0.5% IN JANUARY 1993, FOLLOWING A DECREASE OF 5.6% IN NOVEMBER 1992 AND AN INCREASE OF 0.3% IN DECEMBER 1992.

/AMONG THESE