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TUESDAY, MAY 31, 1994
THE YEAR-ON-YEAR GROWTH WAS 18.7%, LOWER THAN THAT OF HONG KONG DOLLOR DEPOSITS.
THIS BROUGHT THE HONG KONG DOLLAR LOAN-TO-DEPOSIT RATIO DOWN TO 114.0% IN APRIL FROM 115.1% IN MARCH. FOREIGN CURRENCY LOANS INCREASED BY 1.9% DURING THE MONTH AND BY 12.3% OVER THE YEAR.
LOANS TO FINANCE VISIBLE TRADE RECORDED A SOLID GROWTH OF 3.9% IN APRIL, FOLLOWING A 2.2% INCREASE IN MARCH. ITS YEAR-ON-YEAR GROWTH WAS 14.4%.
OTHER LOANS FOR USE IN HONG KONG ROSE BY 1.4%, FOLLOWING AN INCREASE OF 1.8% IN MARCH. YEAR-ON-YEAR, THESE LOANS GREW BY 18.4%.
ENQUIRIES ON THE MONETARY STATISTICS FOR APRIL MAY BE DIRECTED TO THE PRESS AND PUBLICATIONS SECTION, HONG KONG MONETARY ON TEL 878 1687.
AUTHORITY,
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