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Macao residents' deposits grow in May

Updated: 07 07 , 2017 11:16
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MACAO, July 5 -- The deposits of residents of China's Macao Special Administrative Region (SAR) increased by 2.0 percent month-on-month in May, statistics released by the monetary authority showed Wednesday.

The residents deposits rose to 539.8 billion pacatas (about 67.21 billion U.S. dollars ) at the end of May, while non-resident deposits grew by 0.9 percent to 263.1 billion pacatas (about 32.76 billion dollars).

The total deposits grew by 1.5 percent to 988.5 billion pacatas (about 123.08 billion dollars), the SAR's monetary authority said.

At the end of May, the loan-to-deposit ratio for both residents and non-residents increased to 85.2 percent from 84.6 percent last month.

The ration of non-performing loans remained stable at 0.2 percent in May, statistics showed.

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