TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 256

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

licensed status, loans extended by licensed deposit-takin

companies grew by a substantial 49.6%, while those extended by registered deposit-taking companies grew by 0.18(10).

3.9

During the first half, loans and advances to finance

Hong Kong's external trade grew by 7.4%. This was made up of

a fall of 1% during the first quarter and an increase of 8.4% during the second

the second quarter. Other loans and advances for use

in Hong Kong rose moderately, by 6.8% during the first half, compared with the fairly rapid increase of 10.7% during the

previous six months. Of the $200,096 million outstanding

"other" loans and advances for use in Hong Kong at the end of

June, $18,340 million, or 9.2%, were extended to firms in the

manufacturing sector and $49,271 million, or 24.6%, to firms

in the building, construction and property development

sector. These levels were, respectively, 8.3% above and 0.5%

below those at

at the end of 1982. The corresponding increases

during the second half of 1982 were 3.2% and 14.2%. So while

the manufacturing and external trade sectors have shown a

(10)

/revival ...

Growth rates of

loans and advances to customers (%)

Loans by

Loans by

licensed

Loans by registered

banks

dtcs

dtcs

Total

1982 Hồ

+15.6

-7.6

+13.4

H2

+11.6

+44.2

+11.6

+13.4

1983 Hl

+8.4

+49.6

+0.1

+8.9

As at end of

June 1983

($mn)

226,336

35,599

98,841

360,776

*

Not applicable

28

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.