Macau’s private sector lending grows 1.7 pct

2013-5-7

From：Macau Daily Times

Macau’s domestic loans to the local private sector in March increased 1.7 percent month-to-month to MOP210.8 billion (26.37 billion U.S. dollars), according to the figures released on yesterday by the Monetary Authority. Some MOP67.4 billion (8.43 billion dollars) of the domestic loans was pataca-denominated while 125.3 billion patacas (15.68 billion dollars) was denominated in HKD, representing 32 percent and 59.4 percent of the total respectively, the figures indicated. Meanwhile, external loans rose by 9.3 percent month-to-month to MOP256.7 billion (32.11 billion dollars), of which loans denominated in pataca and HKD accounted for 0.9 percent and 20.4 percent respectively. The loan-to-deposit ratio for the resident sector at the end of March increased by 0.6 percentage points month-to-month to 48.3 percent. The ratio for both the resident and non-resident sectors also increased 4.6 percentage points to 82.3 percent from the previous month.

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