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Total deposits with authorised institutions rose 1.8% in October, with Hong Kong dollar deposits rising 2.3％ and foreign currency deposits 1.3％.
The Monetary Authority said within foreign currency deposits, renminbi deposits amounted to 8.4 billion yuan, compared with 7.7 billion yuan in September.
Total loans and advances rose for the third consecutive month by 0.6% in October, with loans for use in Hong Kong increasing 0.6% and those for use outside rising 0.3%.
Analysed by currency, Hong Kong dollar and foreign currency loans both recorded a rise. As Hong Kong dollar deposits rose notably more than Hong Kong dollar loans, the loan-to-deposit ratio dropped to 83.8% in October.
On a seasonally adjusted basis, Hong Kong dollar M1 rose by 1.8% in October and by 24.2% from a year ago.
Unadjusted Hong Kong dollar M2 rose by 2.1% and M3 by 2% during the month, but dropped by 0.5% and 0.7% from a year earlier.
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