XN000022-1993-07-31+08-01 — Page 3

DEPOSITS

2

SATURDAY, JULY 31, 1993

HONG KONG DOLLAR DEPOSITS WITH AUTHORISED ADJUSTED TO INCLUDE SWAP DEPOSITS, FELL BY 0.2% IN JUNE DECREASE OF 0.6% IN APRIL AND AN INCREASE OF 1.4% IN MAY.

AMONG

THESE DEPOSITS, DEPOSITS AND TIME SAVINGS RESPECTIVELY. YEAR-ON-YEAR, 14.6%.

INSTITUTIONS,

FOLLOWING A

DEMAND DEPOSITS INCREASED BY 7.3% DEPOSITS DECREASED BY 1.7% AND 0.9% BY TOTAL HONG KONG DOLLAR DEPOSITS GREW

WHILE

FOREIGN CURRENCY

DEPOSITS WITH AUTHORISED INSTITUTIONS DECREASED BY 0.8% IN JUNE, AFTER INCREASES OF 1.8% AND 0.4% IN APRIL AND MAY RESPECTIVELY.

OF THESE DEPOSITS, U.S. DOLLAR DEPOSITS DECLINED BY 3.0% WHILE NON-U.S. DOLLAR FOREIGN CURRENCY DEPOSITS INCREASED BY 1.2%. YEAR-ON- YEAR, TOTAL FOREIGN CURRENCY DEPOSITS GREW BY 8.5%.

AND WITH

IN

JUNE, DEPOSITS IN ALL CURRENCIES WITH BOTH DEPOSIT-TAKING COMPANIES DECREASED BY 0.6% EACH

RESTRICTED LICENCE BANKS INCREASED BY 4.1%.

LICENSED BANKS WHILE DEPOSITS

YEAR-ON-YEAR, DEPOSITS WITH LICENSED BANKS GREW BY 12.7% WHILE DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING COMPANIES DECLINED BY 27.3% AND 13.7% RESPECTIVELY.

MONEY SUPPLY

HK$M1 INCREASED BY 5.3% IN JUNE WHILE BOTH HK$M2 AND HK$M3 DECREASED BY 0.1% EACH.

THEIR

AND

INCREASED

1.4% CORRESPONDING GROWTH RATES IN MAY WERE -0.4%, 1.4% RESPECTIVELY. YEAR-ON-YEAR, THESE MONETARY AGGREGATES BY 18.4%, 16.4% AND 15.1% RESPECTIVELY.

TOTAL

MI

INCREASED BY 6.1% WHILE TOTAL M2 AND M3 DECREASED 0.5% AND 0.4% RESPECTIVELY IN JUNE.

BY

CORRESPONDING THEIR

INCREASED

GROWTH RATES IN MAY WERE 0.2%, 0.8% AND 0.9% RESPECTIVELY. YEAR-ON-YEAR, THESE MONETARY AGGREGATES BY 18.1%, 13.2% AND 11.8% RESPECTIVELY.

LOANS AND ADVANCES

AUTHORIZED

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY INSTITUTIONS INCREASED BY 0.7% IN JUNE, FOLLOWING INCREASES OF 2.6%

IN APRIL AND MAY.

EACH

BY

1.3%

YEAR

AMONG THESE LOANS, HONG KONG DOLLAR LOANS INCREASED WHILE FOREIGN CURRENCY LOANS INCREASED BY 0.4%. COMPARED WITH A EARLIER, THESE LOANS INCREASED BY 14.5% AND 17.9% RESPECTIVELY.

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