XN000022-1994-03-30 — Page 9

Money Supply

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WEDNESDAY, MARCH 30, 1994

TABLE 1: MONETARY STATISTICS FEB 1994

Feb 1994

Jan 1994

Earlier months (% change to Feb 1994)

Nov 1993

Feb 1993

(HK$mn)

178,903

187,940 (

-48)

160,842 (

11.2)

134,093 (

33.4)

M1 - HK$

21,081

20,280 (

3.9)

18,776 (

12.3)

15,970 (

32.0)

Foreign currency Total

199,984

208,219 (

-4.0)

179,618 (

11.3)

150,063 (

33.3)

949,518

1,026,621 (

-75)

1,062,851 ( -10.7)

745,473 (

27.2)

M2 - HK$*

843,643

854,466 (

-1.3)

838,561 (

0.6)

823,706 (

24)

Foreign currency"

1,793,161

1,881,087 (

-4.7}

1,901,411 (

-5.7)

1,570,180 (

14.2)

Total

966,364

1,043,224 (

-74}

1,079,356 (-10.5)

769,810 (

25.5)

M3 - HK$*

884,847

893,991 (

-10)

876,695 (

0.9)

857,264 (

3.2)

Foreign currency"

1,851,211

1,937,215 (

-4,4)

1,956,051 (

-5.4)

1,627,075 (

13.8)

Tota!

76,798

78,950 (

-2.7)

67,958 (

13.0)

62,575 (

227)

Notes and coins in circulation

68,695

67,284 (

2.1)

60,207 (

14.1)

54,761 (

25.4}

of which held by public

Toul Deposits

131,289

Total Demand deposits

416,416

140,935 ( 415,958 (

-6.8)

119,411 (

9.9)

95,302 (

37.8)

0.1)

410,823 (

1.4)

357,353 (

16.5)

Total Savings deposits

Total Time deposits with licensed banks

1,151,972

1,232,889 (

-6.6)

1,288,551 (-10.6)

1,045,570 (

10.2)

Total Time deposits with restricted licence banks

25,587

25,381 (

0.8)

28.399 (

-9.9)

35,866 ( -28.7)

Tola! Time deposits with deposit-taking companies

17,820

17,678 (

0.8)

17,334 (

2.8)

18,523 (

-3.8)

878,829

957,979 (

-8.3)

1,001,685 (-12.3)

701,314 (

25.3)

HKS deposits*

422,417

433,237 (

-25 }

411,644 (

26)

417,691 (

1.1 }

US$ deposits*

441.838

441,637 (

0.0)

451,190 (

−21)

433,609 (

1.9)

Other foreign currency deposits*

1,743,083

1,832,852 (

-49 )

1,864,518 (

-6.5)

1,552,614 (

12.3)

Aji deposits

60,976 /

20,2 1

Foreign current sway deposit:

+291

Total Loans and advances

To finance H.K's visible trade

104,068

104,354 (

-0.3)

102,975 (

1.1)

91,780 (

13.4)

To finance merchandising trade not touching H.K.

11,35$

11,532 (

-15)

11,997 (

-5.4)

12,200 (

-6.9)

Other loans for use in H.K.

1,119,004

1,162,030 (

-3.7)

1,202,391 (

-6.9 )

935,875 (

19.6)

Other loans for use outside H.K.

1,721,047

1,651,850 (

4.2)

1,621,291 (

6.2)

1,491,999 (

15.4)

Other loans where the place of use is not known

45,634

43,007 (

6.1)

45,005 (

1.4)

38,717 (

17.9)

991,314

1,047,056 (

−5.3 }

1,089,573 (

-9.0 )

833,744 (

18.9)

Loans in HKS

Loans in foreign currencies

2,009,794

1,925,717 (

4.4)

1,894,087 (

6.1)

1,736,827 (

15.7)

Tola! loans and advances

3,001,108

2,972,773 (

1.0 )

2,983,660 (

0.6)

2,570,571 (

16.7)

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Adjusted for foreign currency swap deposits. Starting from April 1991, swap deposits can further be broken down into US dollar and non-US dollar foreign currency swap deposits.

Note: 'Restricted licence banks' and 'deposit-taking companies' were known as licensed deposit-taking companies' and 'registered deposit-taking

companies' respectively before 1 February 1990.

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