Statistics

Macao's resident deposits up 2.9% in March

(Xinhua)
Updated: 2010-05-17 17:14

MACAO - Macao's resident deposits reached 210.8 billion patacas ($26.6 billion) in March, an increase of 2.9 percent over the previous month, according to the figures released on Monday by the Monetary Authority of Macao special administrative region (SAR).

Related readings:  Macao's GDP up 1.3% last year  Macao's gaming revenue hits record high in April  Macao moves to regulate local mortgage market ?tMacao Feb hotel occupancy rate at 78.5%

Of March's resident deposits, pataca and other foreign currency deposits declined at respective rates of 0.7 percent and 1.0 percent while HK-dollar deposits rose 6.1 percent over the previous month, the figures indicated.

Meanwhile, non-resident deposits stayed flat at 73 billion patacas and public sector deposits with the banking sector rose 3.3 percent to 16 billion patacas.

Combining the different kinds of deposits, total deposits with local banking sector grew by 2.2 percent from the previous month to 299.7 billion patacas in March, in which the shares of pataca and HK dollar stood at 22.6 percent and 46.3 percent respectively, according to the Monetary Authority.