Total deposits in Macao’s banking sector grows to $131.7 billion in August

MACAO

Oct 7, 2018-

The total deposits in Macao’s banking sector grew 0.4 percent from a month earlier to 1,061.1 billion patacas (about $131.7 billion), the special administrative region’s monetary watchdog said on Friday. According to statistics released by the Monetary Authority of Macao, resident deposits grew 0.9 percent from last month to 606.1 billion patacas (about $75.2 billion) whereas non-resident deposits fell 1.8 percent to 236.3 billion patacas (about $29.3 billion). On the other hand, public sector deposits with the banking sector increased 1.7 percent to 218.7 billion patacas (about $27.1 billion). Monetary Authority also said the domestic loans to the private sector fell 0.6 percent from a month ago to 478.5 billion patacas (about $59.4 billion) while external loans also dropped 0.6 percent to 503.2 billion patacas (about $62.4 billion). (XINHUA)

Published: 07-10-2018 08:13

Next Story

User's Feedback

Click here for your comments

Comment via Facebook

Don't have facebook account? Use this form to comment