XN000022-1995-01-25 — Page 5

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Residential Mortgage Loans in Hong Kong Results of Survey for December 1994

33 authorised institutions

1. Outstanding lending

Dec

Nov

1994

1994

HK$ Mn

HK$ Mn

a. Amount

237,061

244,126.

b. Monthly change.

0.6% **

0.8%

c. Twelve-month change

12.5% **

12.6%

d. Average change (annualized)

Latest three months

6.8% **

7.2%

Latest twelve months

12.4% **

12.4%

2. Gross loans made during month

a. Amount

b. Number

3. New loans approved during month

a. Amount

b. Number

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

6,583

6,533

4502

4540

5,017 3371

7,276

4753

3,024

1985

4,933 3206

Note: ** Adjusted to include the effect of re-classification of loans, loans sold and securitisation of residential mortgage loans by some institutions amounting to HK$8.6 billion,

End/Wednesday, January 25, 1995