XN000022-1996-08-29 — Page 12

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

Jul

Jun

1996 HK$ Mn

1996 HK$ Mn

33 authorised institutions

1. Outstanding lending

a. Amount

b. Monthly change

c. Twelve-month change

302,996

297,515

1.5% **

1.4%

16.5% **

16.1%

d. Average change (annualized)

Latest three months

17.7% **

18.0%

Latest twelve months

16.6% **

16.1%

Associated with co-financing schemes

- amount

9,182

7,986

number

4930

4292

2. Gross loans made during month

a. Amount

b. Number

17,659 11873

14,627

9280

3. New loans approved during month

a. Amount

17,065

15,636

b. Number

11207

10055

By property age

Property age - 15 years or below

amount

14,186

13,215

number

9006

8230

Property age - above 15 years

- amount

2,879

2,421

number

2201

1825

Associated with co-financing schemes

amount

903

1,019

- number

434

476

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

10,696 6887

11,109 7099

Note: ** Adjusted for the effect of reclassification of residential mortgage

loans by an institution amounting to HK$0.9 billion.