|
Total deposits with authorised institutions fell 1% in May as Hong Kong dollar deposits dipped 1.2% and foreign currency 0.7%.
The Monetary Authority said within foreign currency deposits, renminbi deposits amounted to 19.3 billion yuan, compared with 16.7 billion yuan in April.
Total loans and advances rose 0.6% in May, as a rise of 1.1% in loans for use in Hong Kong outweighed a drop of 3.3% in loans for use outside Hong Kong.
Analysed by currency, Hong Kong dollar loans rose while foreign currency loans fell. As Hong Kong dollar loans increased but Hong Kong dollar deposits fell, the loan-to-deposit ratio rose to 87% in May.
On a seasonally adjusted basis, Hong Kong dollar M1 fell by 1.8% in May and by 3.4% from a year ago.
Unadjusted Hong Kong dollar M2 and M3 both contracted 1.2% during the month, but grew 6.4% and 6.2% from a year earlier.
Go To Top
|
