FINWIRES · TerminalLIVE
FINWIRES

Hong Kong's Banking Deposits Edge Higher in July

By

Hong Kong's total deposits with authorized institutions rose 0.9% in July, while total loans and advances increased 0.2%, according to the Hong Kong Monetary Authority on Monday.

Total deposits rose 5.8% year-on-year, while Hong Kong dollar deposits increased 6.2%.

Renminbi deposits rose 2.9% to 1.13 trillion yuan, while renminbi remittances for cross-border trade settlement increased to 1.38 trillion yuan from 1.28 trillion yuan in June.

Total loans rose 6.6% from a year earlier, with Hong Kong loans falling 0.3% and overseas loans rising 1.7%.

Total M2 and M3 both increased 1.1% in July and rose 10.2% year on year.

What else is happening in International?

International

Saudi Arabia's Private Bank Lending Climbs 5.6% in July

Saudi Arabia's private bank lending grew 5.6% year over year in July, after a 6.8% rise in June, the Saudi Central Bank said Sunday.

^TASI
International

Saudi Arabia's M3 Money Supply Up 8.2% in July

Saudi Arabia's M3 money supply increased 8.2% year over year in July, following an 8.4% rise in the previous month, the Saudi Central Bank said Sunday.

^TASI
International

New Zealand Lending Grows in July as Housing, Agricultural Loans Rise

New Zealand's lending from registered banks and non-bank lending institutions increased in July, driven by growth in housing and agricultural lending, while personal consumer and business lending edged lower compared with the previous month, according to data from the Reserve Bank of New Zealand released on Monday.Total housing loans from registered banks and non-bank lending institutions in New Zealand grew to NZ$401.94 billion in July from NZ$400.51 billion in June. Total personal consumer lending fell to NZ$14.43 billion in July from NZ$14.49 billion in the previous month.Total business lending decreased to NZ$142.86 billion in the period, from NZ$143.14 billion. Meanwhile, agricultural lending rose to NZ$65.24 billion in July, from NZ$64.5 billion in the previous month.

^NZ50