Photo from Eric Prouzet for Unsplash
Renminbi deposits decreased by 2.8% to RMB813.5b.
The total deposits with Hong Kong's authorised institutions decreased by 1.6% to $15.39t in February from $15.64t in January.
The city's Monetary Authority also recorded a 1.1% and 2.1% decrease in the US Dollar and foreign currency deposits to $5.80t and $7.82t from $5.87t and $7.99t, respectively.
READ MORE: Hang Seng Bank prime lending rate unchanged at 5.625%
Meanwhile, Renminbi deposits in Hong Kong took a 2.8% dip to RMB813.5b in February from RMB837.3b in January.
However, the total remittance for cross-border trade settlement increased by 17.72% to RMB747.7b from RMB615.2b.
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!