Macao's domestic loans to private sector expands 2 pct in May

18:13, July 08, 2010      

Email | Print | Subscribe | Comments | Forum 

Macao's domestic loans to the private sector reached 108.4 billion patacas (13.55 billion U.S. dollars) in May 2010, an increase of two percent over the previous month, according to the figures released on Thursday by the Monetary Authority of Macao.

Of the loans, 33 billion patacas was pataca-denominated and 67. 9 billion patacas was denominated in Hong Kong dollar, representing 30.5 percent and 62.6 percent of the total respectively.

External loans in the period grew by 1.2 percent month-to-month to 109.3 billion patacas (13.6 billion dollars), of which, loans denominated in pataca and HK dollar accounted for 0.8 percent and 40.3 percent of the total respectively, according to the Monetary Authority.

Due to the decline in resident deposits and increase in domestic loans to the private sector, the loan-to-deposit ratio for the resident sector at the end of May 2010 rose 1.0 percentage points month-to-month to 47.8 percent, with the ratio for both the resident and non-resident sectors standing at 73.1 percent, the Authority also said.

Source: Xinhua

(Editor:赵晨雁)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
  • Photo taken on Sept. 29, 2011 shows strong wind blows trees in Sanya, south China's Hainan Province. Typhoon Nesat heads towards south China and is moving at an average wind speed of 20 km per hour toward the west coast of China's Guangdong Province. (Xinhua/Hou Jiansen)
  • A fallen tree is seen on a road in Qionghai, south China's Hainan Province, Sept. 29, 2011. Typhoon Nesat was predicted to land in Hainan later Thursday, bringing heavy rainfalls to the island. (Xinhua/Meng Zhongde)
  • Arash Kamalvand (L) of Iran spikes the ball during the semifinal against South Korea at the 16th Asian Men's Volleyball Championship in Tehran, Iran, Sept. 28, 2011. Iran won 3-1 to advance to the final. (Xinhua/Ahmad Halabisaz)
  • A man visits "Thy Word Is Truth, the Bible Ministry Exhibition of the Protestant Church in China", during its opening at Mount Vernon Place United Methodist Church in Washington DC, capital of the United States, Sept. 28, 2011. Through the Bible's various Chinese versions, ancient or modern, as well as pictures, paintings, calligraphy, art works and historical documents, the exhibition was expected to give an overall understanding of how Bible was brought into China, how it was translated, published, distributed and loved. (Xinhua/Zhang Jun)
Hot Forum Discussion