The Hong Kong Monetary Authority published April 2026 monetary statistics showing that total deposits with authorized institutions rose 1.5% from the previous month, with Hong Kong dollar deposits up 1.3% and foreign currency deposits up 1.6%. Total loans and advances increased 0.5% in April. Renminbi deposits in Hong Kong rose 4.1% to RMB1,077.3 billion, mainly reflecting corporate fund flows. Over the year to end-April, total deposits increased 2.4% and Hong Kong dollar deposits 3.2%, while total loans and advances rose 3.6%. Loans for use in Hong Kong, including trade finance, increased 0.1% in April and loans for use outside Hong Kong increased 1.9%. The Hong Kong dollar loan-to-deposit ratio fell to 71.6% at end-April from 72.3% at end-March as Hong Kong dollar deposits grew faster than Hong Kong dollar loans. Total remittances of renminbi for cross-border trade settlement were RMB1,214.6 billion in April, down from RMB1,290.0 billion in March. Hong Kong dollar M2 and M3 each increased 1.3% in April and 3.1% from a year earlier, while total M2 and M3 each rose 1.4% in the month and 10.0% year on year. The Hong Kong Monetary Authority noted that monthly monetary statistics can be volatile and should be interpreted with caution.
Hong Kong Monetary Authority2026-05-29
Hong Kong Monetary Authority reports April deposit growth of 1.5 percent and loan growth of 0.5 percent
The Hong Kong Monetary Authority reported that in April 2026 total deposits with authorised institutions rose 1.5% month on month and total loans and advances increased 0.5%, while renminbi deposits in Hong Kong grew 4.1% to RMB1,077.3 billion. The Hong Kong dollar loan-to-deposit ratio declined to 71.6% as Hong Kong dollar deposits expanded faster than loans, and M2 and M3 each rose 1.4% in the month and 10.0% year on year. The authority cautioned that monthly monetary statistics can be volatile and should be interpreted carefully.