Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
Hong Kong's RMB deposits rebounds at end-Nov

Jan. 3, 2012 (China Knowledge) - The Hong Kong Monetary Authority, its de facto central bank, announced that RMB deposits at authorized financial institutions in the special administrative region had increased 1.4% from a month earlier to RMB 627.3 billion at the end of Nov, 2011.

Last November, RMB receipts under the RMB cross-boarder trade settlement program totaled RMB 184.99 billion, RMB 23.53 billion more than in October.

In the same month, total deposits rose 0.8%. The HK dollar deposits increased 0.4%, due to an increase in time deposits, and foreign currency deposits edged up 1.3%.

Total outstanding loans and advances increased 1.2% in November. The HK dollar loan-to-deposit ratio rose to 85.5% at the end of November from 84.7% at the end of Oct, 2011.

Seasonally-adjusted HK dollar M1, the narrowest measure of money supply in an economy, increased 0.8% in November, and this increased 3.2% from the same period in 2010, while unadjusted HK dollar M3, the broader measure, climbed 0.5% in the month and rose 3.5% year on year.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved