The Monetary Authority of Macao (AMCM) announced that broad money supply (M2) grew by 1.1% in June 2025, reaching MOP824.8 billion. While currency in circulation declined slightly by 0.2%, demand deposits increased 4.5%, contributing to a 3.2% growth in M1.
Resident deposits rose 1.1% to MOP803.8 billion, while non-resident deposits increased 6.5% to MOP 373.9 billion. Total banking deposits grew 2.6% month-on-month to MOP1.397 trillion.
Domestic loans to the private sector rose 2.8% to MOP512.6 billion, with significant quarterly increases in “restaurants, hotels and similar activities” (34.3%) and “electricity, gas and water supply” (18.6%). External loans also rose 5.5% to MOP522.6 billion, pushing total loans to MOP1.035 trillion, up 4.2%.
The loan-to-deposit ratio for residents increased to 50.1%, while the overall ratio climbed to 74.1%. The non-performing loan ratio improved, falling to 5.4%.
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