Foreigncurrency deposits with financial institutions (including foreign-funded ones)grew by 3.2 percent year-on-year to USD155.3 billion at end-November. Inparticular, deposits of enterprises and public institutions grew by 9.5 percentto USD58.9 billion, while household deposits decreased by 5.9 percent to USD81billion. Foreign currency deposits in November alone declined by USD3.2 billionfrom the previous month, USD34.8 less than that recorded a year earlier.
Foreigncurrency loans issued by all financial institutions (including foreign-fundedones) reached USD135.5 billion at the end of November, increasing by 12.7percent from a year earlier. Cumulative foreign currency loans in the firsteleven months amounted to USD16.7 billion, USD11.4 billion less than theincrease recorded at the same period of 2003. In particular, the balance of short-termloans grew by 18.4 percent to USD48.8 billion, with USD8.6 billion of which wasmade in the first eleven months of 2004, USD5.22 billion less than the increaserecorded at the same period of last year; while the balance of medium andlong-term loans rose by 16.4 percent year-on-year to USD50.7 billion, USD6billion of which was made in the first eleven months, USD3.2 billion less thanthe increase of a year earlier. New loans amounted to USD2.1 billion inNovember alone, USD320 million less than in November 2003.
