XN000022-1996-09-25 — Page 29

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

Aug

Jul

1996

HK$ Mn

1996 HK$ Mn

33 authorised institutions

1. Outstanding lending

a. Amount

b. Monthly change

c. Twelve-month change

d. Average change (annualized)

304,784

302,996

0.6%

1.5%

16.2%

16.5% **

Latest three months

14.3%

17.7% **

Latest twelve months

16.2%

16.6% **

Associated with co-financing schemes

amount

9,552

9,182

-

- number

5108

4930

2. Gross loans made during month

a. Amount

b. Number

13,397 9039

17,659

11873

3. New loans approved during month

a. Amount

11,894

17,065

b. Number

8464

11207

By property age

Property age - 15 years or below

amount

10,037

14,186

- number

6853

9006

Property age- above 15 years

- amount

1,857

2,879

—

- number

1611

2201

Associated with co-financing schemes

amount

581

903

number

353

434

4. New loans approved during month

but not yet drawn

a. Amount

b. Number

Note: **

8,102

10,696

5683

6887

Adjusted for the effect of reclassification of residential mortgage loans by an institution amounting to HK$0.9 billion.