Brief
Money supply rebounds in July
Macau’s broad money supply rebounded 1.5% month over month to MOP860.5 billion in July, according to Monetary Authority of Macao data released Thursday. Resident deposits rose 1.5% to MOP838 billion, while total banking-sector deposits increased 0.4% to MOP1.48 trillion. Total loans fell 0.6% to MOP1.03 trillion, with domestic private-sector loans down 0.5%. The overall loan-to-deposit ratio eased to 69.8%, while the nonperforming loan ratio declined to 4.4% from 4.5% in June.
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