• Thu
  • Dec 18, 2014
  • Updated: 10:48am

Loans decline on weaker yen

PUBLISHED : Tuesday, 30 June, 1998, 12:00am
UPDATED : Tuesday, 30 June, 1998, 12:00am

The Hong Kong Monetary Authority said total bank loans fell 1.5 per cent last month because of the weaker yen. Offshore lending dropped 4.4 per cent while local lending rose 0.5 per cent. Total deposits fell 1.2 per cent last month.


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