According to the statistics released today by the Monetary Authority of Macao, the proportion of international business in the local banking sector increased further in the second quarter of 2013. At end-June 2013, the share of international assets in total banking assets expanded to 84.8% from 84.2% at end-March 2013, while the share of international liabilities in total banking liabilities also advanced to 81.2% from 80.8%. Foreign currencies were the dominant denomination in international banking transactions. At end-June 2013, the shares of Pataca (MOP) in total international assets and total international liabilities were 0.5% and 3.1% respectively. Hong Kong Dollar (HKD) and Other Foreign Currencies (OFCs) accounted for 35.5% and 64.1% of total international assets as well as 46.9% and 50.0% of total international liabilities respectively. International Banking Assets
At end-June 2013, total international assets expanded by 6.1% from a quarter ago or 25.5% from a year earlier to MOP766.4 billion (USD95.9 billion). Within this total, external assets grew by 29.0% year-on-year to MOP602.8 billion while local assets in foreign currencies increased by 14.0% to MOP163.6 billion. As a major component of international assets, external loans & deposits advanced by 28.4% to MOP561.0 billion. In particular, cross-border non-bank loans went up by 32.3%. International Banking Liabilities
Total international liabilities increased by 6.1% from three months ago or 24.9% year-on-year to MOP734.5 billion (USD91.9 billion). Of this total, external liabilities and local liabilities in foreign currencies grew year-on-year by 21.2% to MOP383.5 billion and 29.2% to MOP351.0 billion respectively. Foreign currency deposits held by residents and the MSAR government continued to form a major component of international liabilities. This type of deposits grew by 29.4% to MOP329.3 billion at end-June 2013 from MOP254.6 billion at end-June 2012. Breakdown of External Banking Assets and Liabilities by Region
The majority of external assets and liabilities were related to the regions of Asia and Europe. At end-June 2013, claims on Hong Kong and Mainland China occupied 32.3% and 29.3% of total external assets correspondingly, while claims on Portugal, Luxembourg and Germany took up 9.9%, 2.6% and 1.3% respectively. On external liabilities, Hong Kong and Mainland China accounted for 47.7% and 20.9% of the total respectively while Portugal, France and Luxembourg took up respective shares of 4.6%, 4.4% and 1.9%. The compilation of International Banking Statistics follows the methodology advocated by the Bank for International Settlements in order to facilitate Macao SAR's participation in the "Locational International Banking Statistics" project of the international organisation. For enquiry, please contact:
Research and Statistics Department, Monetary Authority of Macao
(Tel：8395 2532; Fax：2835 3042)
