Monetary and Financial Statistics – September 2009


According to statistics released today by the Monetary Authority of Macao, on a monthly basis, money supply M2 grew slightly in September. As total deposits with banks dropped and total loans rose, the loan-to-deposit ratio witnessed continuous increase. Money supply
Currency in circulation increased 2.7% whereas demand deposits decreased 3.9%. M1 thus dropped 2.9% compared with the previous month. Meanwhile, quasi-monetary liabilities went up by 0.8%. The sum of these two items, i.e. M2, grew slightly by 0.3% to MOP208.4 billion. On an annual basis, M1 and M2 rose 22.3% and 9.0% respectively. The share of Pataca (MOP) in M2 stood at 28.2%, down 0.2 percentage points over a month ago and up 0.4 percentage points a year earlier. Concurrently, the share of Hong Kong Dollar (HKD) in M2 was 53.4%, down 0.1 percentage point month-to-month and up 1.6 percentage points year-on-year. Deposits
Resident deposits rose slightly by 0.2% from the previous month to MOP203.5 billion. Of which, MOP deposits edged down 0.5%, HKD deposits and other foreign currency deposits grew at respective rates of 0.04% and 1.8%. Concurrently, non-resident deposits slid 1.8% (to MOP72.6 billion) while public sector deposits with the banking sector increased 0.7% (to MOP13.4 billion). As a result, total deposits with the banking sector contracted 0.3% from the previous month to MOP289.6 billion. The shares of MOP and HKD in total deposits were 22.1% and 45.4% respectively. Loans
Domestic loans to the private sector expanded 1.1% month-to-month to MOP96.4 billion. Among which, MOP22.0 billion was MOP-denominated and MOP68.0 billion was denominated in HKD, representing 22.8% and 70.6% of the total respectively. Loans to sectors of “transport, warehouse and communications”, “construction and public works”, “individuals for house purchases” and “restaurants, hotels and related activities” increased quarter-to-quarter at respective rates of 49.8%, 8.2%, 8.1% and 7.5% whereas those to “wholesale and retail trade” dropped 0.8%. Meanwhile, external loans rose by 11.9% to MOP74.0 billion; of which, loans denominated in MOP and HKD accounted for 1.4% and 50.4% respectively of the total, at values of MOP1.0 billion and MOP37.2 billion. Loan-to-deposit ratios
As domestic loans to the private sector rose at a faster pace than resident deposits, the loan-to-deposit ratio for the resident sector at end-September 2009 increased by 0.4 percentage points month-to-month to 44.4%. The ratio for both the resident and non-resident sectors stood at 58.8%, up 3.2 percentage points.



Is there anything wrong with this page?

Help us improve GOV.MO

* Mandatory field

Send

All information on this site is based on the official language of the Macao Special Administrative Region. The English version is the translation from the Chinese originals and is provided for reference only. If you find that some of the contents do not have an English version, please refer to the Traditional Chinese or Portuguese versions.