Loans and advances for use in Hong Kong
3.9
. (و)
Total loans and advances for use in Hong Kong, extended by banks and deposit-taking companies together, grew by 98 to $156,967 million during the first quarter
Demand for loans was partly seasonal, under the influences of
the Lunar New Year and of tax payments.
3.10
During the first quarter loans and advances by banks
and deposit-taking companies together to finance Hong Kong's
imports, exports and re-exports grew by 7% to $23,501 million,
and loans to finance merchandising trade grew by 42% to $3,132
million.
3.11
Of the outstanding loans for use in Hong Kong,
$15,909 million was being extended to firms in the
manufacturing sector and $36,618 million to firms in the
building and construction sector (including developers).
This
/ was
(9) Quarterly Growth Rates of Loans and Advances for use in Hong Kong (%)
(quarter on previous quarter)
Loans by banks
Loans by dtcs
Total
of which
of which
Total
in HK$
Total
in HK$
Total
of which in HK$
1981 Q1
Q3
2222
9.3
12.2
14.1
12.7
10.4
12.3
Q2
11.5
12.1
21.7
21.4
14.0
14.3
4.7
2.9
11.5
10.0
6.5
4.7
Q4
7.3
6.5
10.0
8.4
8.1
7.0
1982 Q1 10.7
11.3
6.2
2.9
9.5
9.1
As at
end of
March
1982
($mn) 114,463 101,251 42,504
33,290 156,967
134,541
17
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