Chart 1
HK$ Billion
25,000
4
Financial and Monetary Affairs
External Positions of Als
20,000
22,439
21,960
20,888
18,779
15,000
17,511
10,000
5,000
0
2015
2016
2017
2018
2019
Year
Total deposits and total loans and advances of Als amounted to $13,771.6 billion and $10,376.7 billion respectively, representing increases of 2.9 per cent and 6.7 per cent from a year earlier. Total assets rose 1.7 per cent to $24,462.1 billion.
Statistics on Als
2017
2018
2019
Als
191
186
194
Of which:
LBs
155
152
164
RLBS
19
18
17
DTCs
17
16
13
Local branches of Als
1,261
1,285
1,262
Total deposits ($ billion)
12,752.5
13,386.4
13,771,6
Total loans and advances ($ billion)
9,313.7
9,722.6
10,376.7
Total assets ($ billion)
22,696.7
24,042.7
24,462.1
Hong Kong maintains a robust deposit protection regime which underpins the stability of the banking system. The Deposit Protection Scheme protects eligible deposits held with banks in Hong Kong by guaranteeing compensation up to $500,000, thereby ensuring the confidence of depositors in the banking system.
The HKMA stays vigilant to developments in the property mortgage business of Als. It has introduced eight rounds of countercyclical macroprudential measures since 2009 to strengthen the risk management of Als and the resilience of the banking sector against any possible downturn in the property market.
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