Monetary and Financial Statistics – August 2013


According to statistics released today by the Monetary Authority of Macao, broad money supply continued to grow in August. As total deposits grew at a faster pace than total loans, the overall loan-to-deposit ratio of the banking sector dropped from a month earlier.
Money supply
Currency in circulation grew 1.7% whereas demand deposits dropped 0.5%. M1 thus decreased 0.2% from one month earlier. Concurrently, quasi-monetary liabilities rose 2.5%. The sum of these two items, i.e. M2, increased 2.1% to MOP419.3 billion. On an annual basis, M1 and M2 rose 34.4% and 20.5% respectively. The share of Pataca (MOP) in M2 stood at 24.7%, down 0.3 percentage points from a month ago but kept virtually unchanged from a year earlier. The share of Hong Kong Dollar (HKD) in M2 was 52.9%, up 0.2 percentage points month-to-month but down 2.6 percentage points year-on-year.
Deposits
Resident deposits rose 2.1% from the preceding month to MOP410.8 billion. Of which, MOP deposits, HKD deposits and other foreign currency deposits increased at respective rates of 0.8%, 2.5% and 2.6%. Non-resident deposits grew 3.6% to MOP161.0 billion. Public sector deposits with the banking sector increased 5.0% to MOP61.9 billion. As a result, total deposits with the banking sector grew 2.8% from a month earlier to MOP633.6 billion. The shares of MOP and HKD in total deposits were 20.1% and 45.3% respectively.
Loans
Domestic loans to the private sector increased 3.3% from a month ago to MOP240.8 billion. Among which, MOP75.6 billion was MOP-denominated and MOP140.7 billion was denominated in HKD, representing 31.4% and 58.4% of the total respectively. On the other hand, external loans rose 0.2% to MOP267.0 billion; of which, loans denominated in MOP and HKD accounted for 1.1% (MOP3.0 billion) and 22.6% (MOP60.3 billion) respectively.
Loan-to-deposit ratios
The loan-to-deposit ratio for the resident sector at end-August rose 0.4 percentage points from the previous month to 51.0%. The ratio for both the resident and non-resident sectors dropped 0.9 percentage points to 80.1%.



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.