to $180,318 million (4). The
•
slowdown was fairly widespread
among the various sectors of borrowers.
Loans to firms in the
manufacturing sector rose by 1% and to the building and
construction
sector
(including property developers and civil engineering) by 7%, compared with their respective increases of 3% and 18% during the second quarter. Loans to individuals
for the purchase of residential property (including flats in
the Home Ownership Scheme and Private Sector Participation Scheme) increased by 3%, against an increase of 5% during the
previous quarter. Loans to firms in the wholesale and retail
trades, on the other hand, did not show a slowing down: they
increased by 8% during the third quarter, compared with a decline of 1% during the second quarter.
(4)
/3.7 During
Quarterly growth rates of loans and advances for use in Hong Kong (%)
(quarter on previous quarter)
Loans by banks
Loans by dtcs
Total
Of which
Of which
Of which
Total
in HK$
Total
in HK$
Total
in HK$
1981
1982 21
2288 2aa
01
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
Q3
4.7
2.9
11.5
10.0
6.5
4.7
24
7.3
6.5
10.0
8.4
8.1
7.0
10.7
11.3
6.2
2.9
9.5
9.1
22
8.3
8.8
6.3
5.5
7.8
8.0
Q3
6.2
5.1
7.8
7.4
6.6
5.6
As at end of 131,623 115,757
48,695 37,699
180,318 153,456
September
1982 ($Mn)
14
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