More News
FINANCIAL SERVICES | Staff Reporter, Hong Kong

Renminbi deposits in Hong Kong up in November

There was a 1.4% increase while Hong Kong dollar deposits jumped by 0.4%.

A report by the Information Services Department said the total remittance of the renminbi for cross-border trade settlement amounted to RMB184.99 billion, compared to RMB161.46 billion in October.

Total loans and advances grew 1.2%, according to the report. Total deposits with authorised institutions increased 0.8% in November while foreign-currency deposits climbed 1.3%.

View the report here.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.