Residents deposit record slight increase

Resident deposits increased 1.2% from the preceding month to MOP705.1 billion while non-resident deposits rose 1.0% to MOP297.2 billion. Meanwhile, public sector deposits with the banking sector grew 0.2% to MOP221.6 billion. As a result, total deposits in the banking sector increased 1.0% from a month earlier to MOP1,223.9 billion, the Monetary Authority of Macao has said in a statement.