XN000022-1996-03-01 — Page 11

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Residential Mortgage Loans in Hong Kong Results of Survey for January 1996

Jan

1996

33 authorised institutions

1. Outstanding lending

Dec

1995

HK$ Mn

HK$ Mn

a. Amount

275,968

272,695

b. Monthly change

1.2%

1.4% **

c. Twelve-month change

15.7%

14.9% **

d. Average change (annualized)

Latest three months

15.8%

13.5% **

Latest twelve months

15.7%

15.0% **

2. Gross loans made during month

a. Amount

9,312

9,356

b. Number

7208

6957

3. New loans approved during month

a. Amount

b. Number

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

9,029

8,530

7117

6189

5,818

5,323

4462

3854

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

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