XN000022-1996-01-23 — Page 19

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

33 authorised institutions

1. Outstanding lending

Dec 1995

Nov

1995

HK$ Mn

HK$ Mn

a. Amount

272,695

269,589

b. Monthly change

1.4% **

1.2%

c. Twelve-month change

14.9% **

14.1%

d. Average change (annualized)

Latest three months

13.5% **

14.4%

Latest twelve months

15.0% **

14.2%

2. Gross loans made during month

a. Amount

9,356

7,835

b. Number

6957

5392

3. New loans approved during month

a. Amount

b. Number

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

8,530 6189

10,095

7142

5,323 3854

7,061 4984

Note: ** Adjusted for the effect of sale and reclassification of residential

mortgage loans by some institutions amounting to HK$0.6 billion.