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Home›Macau›Money supply grows as lending contracts in May
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Money supply grows as lending contracts in May

By -
Wednesday, July 9, 2025
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According to data released yesterday by the Monetary Authority of Macao (AMCM), the city’s broad money supply rebounded in May. M2 rose 1.2% to MOP815.7 billion, with annual growth of 7.9%. Resident deposits climbed 1.3% to MOP794.7 billion, while total banking sector deposits reached MOP1.36 trillion. However, loans to the private sector fell 4.6% to MOP993.7 billion, reflecting a 1.4% drop in domestic loans and a 7.6% decrease in external loans. The resident loan–to–deposit ratio slipped to 49.3%. The non-performing loan ratio increased to 5.7% amid the decline in lending.

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