XN000022-1993-06-30 — Page 8

WEDNESDAY, JUNE 30, 1993

YEAR-ON-YEAR, DEPOSITS WITH LICENSED BANKS GREW BY 14.6% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES DECLINED BY 27.3% AND 14.2% RESPECTIVELY.

MONEY SUPPLY

HK$M1 DECREASED BY 0.4% WHILE BOTH HK$M2 AND HK$M3 INCREASED BY 1.4% EACH IN MAY. THEIR CORRESPONDING GROWTH RATES IN APRIL WERE 4.3%. 0.5% AND -0.4% RESPECTIVELY.

YEAR-ON-YEAR, THESE MONETARY AGGREGATES INCREASED 19.1% AND 17.5% RESPECTIVELY.

TOTAL M1,

BY 19.2%,

M2 AND M3 INCREASED BY 0.2%, 0.8% AND 0.9% IN MAY RESPECTIVELY. THEIR CORRESPONDING GROWTH RATES IN APRIL WERE 4.2%,

AND 0.7% RESPECTIVELY.

1.4%

YEAR-ON-YEAR, THESE MONETARY AGGREGATES INCREASED BY 18.1%; 15.0% AND 13.5% RESPECTIVELY.

LOANS AND ADVANCES

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 2.6% IN MAY, FOLLOWING INCREASES OF 1.9% AND

IN MARCH AND APRIL RESPECTIVELY.

2.6%

AMONG THESE LOANS, HONG KONG DOLLAR LOANS INCREASED BY 1.9% WHILE FOREIGN CURRENCY LOANS INCREASED BY 2.9%. COMPARED WITH A YEAR EARLIER, THESE LOANS INCREASED BY 14.0% AND 20.2% RESPECTIVELY.

2.3%

LOANS TO FINANCE VISIBLE TRADE OF HONG KONG INCREASED BY IN MAY, AFTER INCREASES OF 1.5% AND 3.6% IN MARCH AND APRIL RESPECTIVELY. YEAR-ON-YEAR, SUCH LOANS GREW BY 10.7%.

OTHER LOANS FOR USE IN HONG KONG INCREASED BY FOLLOWING INCREASES OF 3.4% AND 0.8% IN MARCH AND APRIL YEAR-ON-YEAR, THESE LOANS INCREASED BY 14.3%.

1.7% IN MAY, RESPECTIVELY.

LOANS FOR USE OUTSIDE HONG KONG INCREASED BY 3.4% IN MAY, AFTER INCREASES OF 0.9% AND 3.6% IN MARCH AND APRIL RESPECTIVELY. YEAR-ON- YEAR, THESE LOANS GREW BY 21.9%.

1.2%

LOANS TO FINANCE TRADE NOT TOUCHING HONG KONG DECREASED BY 2.0% DURING MAY, AFTER AN INCREASE OF 1.6% IN MARCH AND A DECREASE OF IN APRIL. YEAR-ON-YEAR, THESE LOANS DECREASED BY 18.7%.

NUMBER OF REPORTING INSTITUTIONS

165

THE NUMBER OF REPORTING LICENSED BANKS INCREASED BY ONE TO WHILE THE NUMBER OF REPORTING RESTRICTED LICENCE BANKS AND DEPOSIT- TAKING COMPANIES REMAINED UNCHANGED AT 55 AND 143 RESPECTIVELY.

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