Macao Monetary Authority: By the end of September, the proportion of international assets in the banking system's total assets fell to 83.2%.

On November 18, the Monetary Authority of Macao released statistics showing that in the third quarter of 2024, the proportion of international business in the overall banking business of Macao fell. By the end of September 2024, the proportion of international assets in the total assets of the banking system dropped from 83.4% at the end of June 2024 to 83.2%; and the proportion of international liabilities in the total liabilities of the banking system dropped from 81.1% at the end of June 2024 to 80.5%. Foreign currency is the main trading unit for international banking business in Macao. By the end of September 2024, the proportion of Macanese patacas in international bank assets and liabilities was 0.8% and 0.6% respectively, while Hong Kong dollars, US dollars, Chinese yuan, and other foreign currencies accounted for 32.0%, 40.0%, 22.5%, and 4.6% of international assets respectively. In terms of international liabilities, they accounted for 38.5%, 35.1%, 21.3%, and 4.5% respectively. International assets of Macao banks By the end of September 2024, the total amount of international assets of Macao banks decreased by 1.7% quarterly to 2.502 trillion US dollars (20.021 trillion Macanese patacas); of which, foreign assets decreased by 2.5% quarterly to 1.449 trillion Macanese patacas, while local foreign currency assets increased by 0.7% to 553.2 billion Macanese patacas. Foreign non-bank loans, a major component of international assets, decreased by 4.7% to 527.4 billion Macanese patacas. International liabilities of Macao banks The total amount of international liabilities of Macao banks decreased by 2.3% compared to three months ago, amounting to 2.418 trillion US dollars (19.352 trillion Macanese patacas); of which, foreign liabilities fell by 7.4% quarterly to 972.5 billion Macanese patacas, while local foreign currency liabilities increased by 3.6% to 962.7 billion Macanese patacas. Various foreign currency deposits held by Macao residents and the local government in Macao banks are the main components of international liabilities, and such deposits increased by 1.9% to 703.5 billion Macanese patacas by the end of September 2024. Regional distribution of Macao banks' foreign assets and liabilities Macao's international banking business is mainly concentrated in the Asian region. By the end of September 2024, in the foreign assets of the Macao banking system, the proportion of claims on mainland China and Hong Kong was 40.8% and 24.5% respectively. Additionally, the proportion of claims on Portuguese-speaking countries and countries participating in the Belt and Road Initiative was 0.7% and 12.2% respectively. In terms of foreign liabilities, the proportion of liabilities to Hong Kong and mainland China accounted for 44.7% and 34.6% of the total foreign liabilities; while the proportion of liabilities to Portuguese-speaking countries and countries participating in the Belt and Road Initiative was 0.4% and 7.4% respectively.