Macao's resident deposits up 4.1 pct in Jan.

0 Comment(s)Print E-mail Xinhua, March 5, 2013
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Macao's resident deposits in January increased by 4.1 percent from the previous month to an equivalent of 381.8 billion patacas (47.8 billion U.S. dollars), according to figures released on Tuesday by the Monetary Authority of Macao.

Of the resident deposits, pataca deposits, HKD deposits and other foreign deposits of the resident deposits increased at respective rates of 7.6 percent, 2.5 percent and 4.6 percent month on month, the figures indicated.

As for non-resident deposits, the value grew 5.2 percent from the previous month to 134.8 billion patacas (16.88 billion U.S. dollars), of which public sector deposits with local banking sector rose by 7.3 percent to 49.1 billion patacas (6.15 billion U. S. dollars), according to the Monetary Authority.

As a result, total deposits with the banking sector increased by 4.6 percent from the previous month to 565.6 billion patacas ( 70.81 billion U.S. dollars) in January, with the shares of pataca and HKD in total deposits standing at 20.9 percent and 46.5 percent respectively. Endi

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