Monetary Statistics for December 2025 released by the Hong Kong Monetary Authority on 30 Jan 2026, showing total deposits and loans increased by 1.2% and 1.3%, respectively. Key points include Renminbi deposits decreased, remittance for cross-border trade increased, and Hong Kong dollar loan-to-deposit ratio decreased.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On January 30, 2026, the Hong Kong Monetary Authority ("HKMA") released financial statistics for December 2025. Total deposits with authorized institutions rose by 1.2%. Deposits in the Hong Kong dollar and foreign currency increased by 0.4% and 1.7% respectively, while Renminbi deposits in Hong Kong declined by 4.2% to RMB960.1 billion. The total remittance of Renminbi for cross-border trade settlement reached RMB1,177.4 billion in December. Over 2025 as a whole, total deposits and Hong Kong dollar deposits grew by 11.8% and 3.8% respectively.
Total loans and advances increased by 1.3% in December 2025 and by 2.3% for the year. Loans for use in Hong Kong (including trade finance) and loans for use outside Hong Kong grew by 1.2% and 1.8% respectively. The Hong Kong dollar loan-to-deposit ratio decreased to 72.9% at the end of December. Loans for use in Hong Kong (including trade finance) decreased by 0.2% in the fourth quarter of 2025.
Residential mortgage loans increased, while loans to building, construction, property development, and investment decreased. Hong Kong dollar M2 and M3 rose by 0.4% in December and by 4.2% compared to the same period last year. The seasonally-adjusted Hong Kong dollar M1 decreased by 2.0% in December but increased by 11.7% compared to the same period last year. Total M2 and total M3 both increased by 1.2% in December and by 11.6% compared to the same period last year.
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