International banking statistics – September 2022 | Techy Kings

[ad_1]

MACAU, November 18 – According to statistics released today by the Monetary Authority of Macao, the share of international business in the local banking sector fell in the third quarter of 2022. At the end of September 2022, the share of international assets in total banking assets decreased to 84.7% from 85.5% in end of June 2022, while the share of international liabilities in total banking liabilities fell to 82.4% from 83.3%.

Non-local currencies continue to be the dominant denomination in international banking transactions. At the end of September 2022, the share of pataca in total international assets and total international liabilities was 0.8% and 0.7% respectively. Hong Kong dollar, US dollar, renminbi and other foreign currencies accounted for 32.5%, 44.5%, 19.0% and 3.2% of total international assets while their respective shares in total international liabilities were 35.8%, 38.4%, 22.5% and 2.6% .

International Banking Assets

At the end of September 2022, total international assets decreased by 5.8% from the previous quarter to MOP2,077.8 billion (USD257.0 billion). Of this amount, external assets declined by 5.6% from the previous quarter to MOP1,560.1 billion while local assets in foreign currencies decreased by 6.5% to MOP517.7 billion. As the main component of international assets, non-bank external loans decreased by 6.3% to MOP741.4 billion.

International Banking Liability

Total international liabilities decreased by 6.0% from three months ago to MOP2,021.0 billion (USD250.0 billion). Of this amount, external liabilities and local liabilities in foreign currency decreased quarter-on-quarter by 6.5% to MOP1,191.4 billion and 5.4% to MOP829.6 billion respectively. Foreign currency deposits held by MSAR residents and governments in local banks are a major component of international liabilities. Deposits of this type decreased by 0.8% to MOP668.9 billion at the end of September 2022.

Breakdown of Foreign Banking Assets and Liabilities by Region

The majority of the external assets and liabilities of the local banking sector are related to Asia. At the end of September 2022, claims on Mainland China and Hong Kong occupied 40.4% and 26.3% of total external assets. Meanwhile, claims on Portuguese-speaking countries and countries along the “Belt and Road” accounted for 0.7% and 11.4% respectively. Regarding external liabilities, Mainland China and Hong Kong each accounted for 39.9% of the total. Portuguese-speaking countries and countries along the “Belt and Road” represent 0.5% and 6.5% respectively.

The compilation of International Banking Statistics mainly follows the methodology advocated by the Bank for International Settlements to facilitate Macao SAR’s participation in the international organization’s “Local International Banking Statistics” project.

[ad_2]

Source link