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Home›Macau›Money supply falls in April as deposits, loans shift
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Money supply falls in April as deposits, loans shift

By -
June 4, 2026
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Broad money supply declined in April 2026 as deposits and lending showed mixed trends, according to the Monetary Authority of Macao (AMCM). M1 fell 8.1% on weaker demand deposits, while M2 slipped 0.6% to MOP854.4 billion. Resident deposits dropped 0.6%, and total deposits fell 0.3% to MOP1,435.8 billion. Private sector loans declined 1.2%, but external lending rose 11.5%, lifting total loans 5.5%. The loan-to-deposit ratio climbed to 75.4%, while bad loans improved to 4.4%. Shares of MOP, HKD, RMB and USD in total loans were 21.2%, 37.9%, 20.0% and 17.0% respectively.

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