XN000022-1996-04-26 — Page 19

17

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

33 authorised institutions

1. Outstanding lending

Mar

Feb

1996

1996

HK$ Mn

HK$ Mn

a. Amount

284,996

280,589

b. Monthly change

1.6%

1.6% **

c. Twelve-month change

18.6%

17.2% **

d. Average change (annualized)

Latest three months

18.0%

17.0% **

Latest twelve months

18.4%

17.2% **

2. Gross loans made during month

a. Amount

b. Number

11,012 7724

8,999

6762

3. New loans approved during month

a. Amount

b. Number

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

11,987 7788

10,399 7243

7,630

4810

7,139 4819

Note:

** Adjusted for the effect of the addition of a subsidiary of a banking

group to the survey.