XN000022-1995-02-23 — Page 22

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Residential Mortgage Loans in Hong Kong Results of Survey for January 1995

33 authorised institutions

1. Outstanding lending

Jan

Dec

1995

1994

HK$ Mn

HK$ Mn

a. Amount

238,087

237,061

b. Monthly change

0.4%

0.6% **

c. Twelve-month change

11.6%

12.5% **

d. Average change (annualized)

Latest three months

7.6%

6.8% **

Latest twelve months

11.5%

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

4,846

6,583

3337

4502

4,559

5,017

3010

3371

2,694

3,024

1798

1985

Note: ** Adjusted for the effect of re-classification of loans, securitization

and sale of residential mortgage loans by some institutions

amounting to HK$8.6 billion.