ENG-2004 — Page 579

Table 9

(Chapter 4: Financial and Monetary Affairs)

Appendices ❘ 509

Deposits, Loans and Advances of Authorised Institutions

1999

2003

2004

Number of authorised institutions

in operation

Licensed banks

Restricted licence banks

156

133

133

58

41

39

Deposit-taking companies.

71

39

35

Total

285

213

207

(-14.2)

(-4.9)

(-2.8)

Deposits from

customers(1)(2) (HK$ billion)

Licensed banks

3,209.8

3,523.9

3,846.5

Restricted licence banks

34.9

38.2

14.8

Deposit-taking companies

5.9

4.9

4.8

Total

3,250.6

3,567.0

3,866.0

(+8.4)

(+7.5)

(+8.4)

Loans and advances for use in

Hong Kong(1)(3) (HK$ billion)

Licensed banks

1,665.0

1,602.5

1,710.7

Restricted licence banks

111.0

83.1

64.2

Deposit-taking companies

43.9

22.9

17.5

Total

1,819.8

1,708.5

1,792.3

(-7.2)

(-2.0)

(+4.9)

Total loans and advances to

customers(1) (HK$ billion)

Licensed banks

2,633.4

1,912.6

2,056.6

Restricted licence banks

Deposit-taking companies

130.4 49.0

97.5

78.5

25.0

20.5

Total

2,812.9

2,035.1

2,155.6

(-14.9)

(-2.0)

(+5.9)

Notes: Figures in brackets refer to percentage changes over the same period of the preceding year.

(1) Figures are revised on a monthly basis to take into account any subsequent amendments submitted

by authorised institutions.

(2) As from June 2002, short-term Exchange Fund placements of less than one month are included under time deposits as part of the monetary aggregates. The revised data series are backdated to April 1997.

(3) Excluding loans for trade financing.

Source: Hong Kong Monetary Authority.

(Enquiry Telephone No.: 2878 8222)