| Journal Call no. | HG1302.Q37 |
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| Article Title | Developments in the banking sector / Banking Policy Department. |
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| Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.1, Nov 1994, p.48-51, illus. |
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| Abstract | With the operating environment less buoyant, the banking sector's profit growth was more subdued in the first nine months of 994. The corrections in the property market and stock market and higher interest rates encouraged a portfolio shift to money balances for holding purposes as reflected in a significant increase in time deposits and swap deposits. At the same time, loan growth moderated. As a result, the Hong Kong dollar liquidity of the banking sector improved with a reduction in the Hong Kong dollar loan to deposit ratio and a sharp increase in institutions holdings of negotiable debt instruments. |
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