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MACAO, Oct. 28 (Xinhua) -- Macao's domestic loans to the private sector reached 95.3 billion patacas (12 billion U.S. dollars) in August 2009, growing 2 percent over the previous month, according to the figures released Wednesday by the Monetary Authority of Macao.
The figures showed that 21.1 billion patacas (2.7 billion U.S. dollars) of the domestic loans was pataca-denominated and 67.8 billion patacas (8.6 billion U.S. dollars) was denominated in HK dollar, representing 22.2 percent and 71.2 percent of the total respectively.
As for external loans, the figure rose 2.7 percent to 66.1 billion patacas (8.4 billion U.S. dollars) in August, of which loans denominated in pataca and HK dollar accounted for 1.6 percent and 53.9 percent respectively of the total, according to the Authority.
Due to the decline in resident deposits and increase in domestic loans to the private sector, the loan-to-deposit ratio for the resident sector at the end of August 2009 increased by one percentage point month-to-month to 44 percent, while the ratio for both the resident and non-resident sectors stood at 55.6 percent in the period.
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