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Total deposits with authorised institutions rose 3.8% in February, with the Hong Kong dollar rising 7.1% and foreign currency deposits 0.1%, the Monetary Authority says.
Within foreign currency deposits, renminbi deposits grew 0.3% to RMB22.6 billion.
Total loans and advances grew 5.4%, with loans for use inside and outside Hong Kong rising by 6% and 0.8%.
Analysed by currency, Hong Kong dollar loans rose while foreign currency loans fell. As Hong Kong dollar deposits expanded more than Hong Kong dollar loans, the loan-to-deposit ratio fell marginally to 82.1%.
On a seasonally adjusted basis, Hong Kong dollar M1 fell 0.9% in February and 13.6% from a year earlier. Unadjusted Hong Kong dollar M2 and M3 both rose 6% during the month, and 12.3% and 12.4% on a year-on-year comparison.
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