XN000022-1993-12-31 — Page 4

MONEY SUPPLY

M

E

FRIDAY, DECEMBER 31, 1993

HK$M1 DECREASED BY 21.1% WHILE HK$M2 AND HK$M3 INCREASED BY 14.2% AND 14.0% RESPECTIVELY IN NOVEMBER.

THEIR CORRESPONDING INCREASES IN OCTOBER WERE 31.4%, 10.9% AND 10.7% RESPECTIVELY. YEAR-ON-YEAR, HK$M1, HK$M2 AND HK$M3 INCREASED BY 19.3%, 48.8% AND 46.5% RESPECTIVELY.

TOTAL M1 DECREASED BY 19.3% WHILE BOTH TOTAL M2 AND M3 INCREASED BY 7.3% IN NOVEMBER. IN OCTOBER, THEY ROSE BY 27.1%, 6.2% AND 6.2% RESPECTIVELY. YEAR-ON-YEAR, TOTAL M1, M2 AND M3 ROSE BY 17.6%, 26.9% AND 25.7% RESPECTIVELY.

LOANS AND ADVANCES

TOTAL OUTSTANDING LOANS AND ADVANCES EXTENDED BY AUTHORISED INSTITUTIONS INCREASED BY 3.6% IN NOVEMBER, FOLLOWING INCREASES OF 0.01% AND 0.6% IN SEPTEMBER AND OCTOBER RESPECTIVELY.

10.0%, SHARES.

AMONG THESE

BY STRONGLY LOANS, HONG KONG DOLLAR LOANS ROSE LARGELY OWING TO LOANS TO FINANCE THE SUBSCRIPTION OF NEW

FOREIGN CURRENCY LOANS INCREASED BY 0.2%. COMPARED WITH A YEAR EARLIER, THESE LOANS INCREASED BY 35.1% AND 14.3% RESPECTIVELY.

LOANS то FINANCE VISIBLE TRADE OF HONG KONG FELL BY 0.1% IN NOVEMBER, AFTER DECREASES OF 0.8% AND 0.1% IN SEPTEMBER AND OCTOBER RESPECTIVELY. YEAR-ON-YEAR, SUCH LOANS GREW BY 17.0%.

OTHER LOANS FOR USE IN HONG KONG ROSE BY 8.6% FOLLOWING INCREASES OF 1.2% AND 5.2% IN SEPTEMBER RESPECTIVELY. YEAR-ON-YEAR, THESE LOANS INCREASED BY

IN NOVEMBER,

AND OCTOBER 32.1%.

LOANS FOR USE OUTSIDE HONG KONG INCREASED BY 0.3% IN NOVEMBER, AFTER DECREASES OF 0.6% AND 2.1% IN SEPTEMBER AND OCTOBER RESPECTIVELY. YEAR-ON-YEAR, THESE LOANS GREW BY 14.5%.

SEPTEMBER

LOANS TO FINANCE TRADE NOT TOUCHING HONG KONG DECREASED BY 0.7% DURING NOVEMBER, AFTER DECREASES OF 3.4% AND 2.0% IN

AND OCTOBER RESPECTIVELY. YEAR-ON-YEAR, THESE LOANS INCREASED BY 1.5%.

NUMBER OF REPORTING INSTITUTIONS

WHILE

THE

THE NUMBER OF REPORTING LICENSED BANKS AND RESTRICTED LICENCE BANKS INCREASED BY ONE BACH TO 168 AND 58 RESPECTIVELY NUMBER OF DEPOSIT-TAKING COMPANIES REMAINED UNCHANGED AT 142.

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