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Total deposits with authorised institutions rose 0.7% in June, with Hong Kong dollar deposits rising 1.5％, more than offsetting the 0.1% fall in foreign-currency deposits.
The Monetary Authority said within foreign-currency deposits, renminbi deposits amounted to 20.9 billion yuan, compared with 19.3 billion yuan in May.
Total loans and advances expanded 1.7% in June, with loans for use in Hong Kong increasing 1.9% and those for use outside rising 0.7%.
Analysed by currency, Hong Kong dollar and foreign-currency loans both recorded a rise. As Hong Kong dollar loans rose more than Hong Kong dollar deposits, the loan-to-deposit ratio edged up to 87.1% in June.
Lending grew in all sectors
Analysed by economic uses, lending grew in almost all sectors on a quarter-on-quarter comparison. In particular, trade financing, loans for stockbrokers and the manufacturing sector registered notable increases.
On a seasonally adjusted basis, Hong Kong dollar M1 fell 0.7% in June, and 6.4% from a year ago.
Unadjusted Hong Kong dollar M2 and M3 both rose by 1.5% during the month, and by 7.1% and 6.9% from a year earlier.
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