Macao Monetary Authority: Broad money supply continued to rise in June, with residents' deposits and loans increasing month-on-month.

Today, statistics released by the Monetary Authority of Macao SAR show that the broad money supply continued to rise in June 2025. At the same time, both resident deposits and loans increased month-on-month. Currency in circulation decreased by 0.2%, while demand deposits rose by 4.5%, leading to a 3.2% increase in M1. Resident deposits increased by 1.1% to 803.8 billion Macau patacas, while non-resident deposits increased by 6.5% to 373.9 billion Macau patacas. Local private sector loans rose by 2.8% to 512.6 billion Macau patacas. Currency Supply Currency in circulation decreased by 0.2%, while demand deposits rose by 4.5%, resulting in a 3.2% increase in M1. Meanwhile, quasi-monetary liabilities increased by 0.9%, thus broad money supply M2, which includes M1 and quasi-monetary liabilities, increased by 1.1% to 824.8 billion Macau patacas. In terms of currency breakdown, the shares of Macau pataca, Hong Kong dollar, Chinese yuan, and US dollar in M2 were 32.1%, 46.4%, 6.7%, and 12.8%, respectively. Deposits Resident deposits increased by 1.1% to 803.8 billion Macau patacas, while non-resident deposits increased by 6.5% to 373.9 billion Macau patacas. Meanwhile, deposits of the public sector in the banking system rose by 1.6% to 219.7 billion Macau patacas. In total, total deposits in the banking system increased by 2.6% to 1.3973 trillion Macau patacas; the shares of Macau pataca, Hong Kong dollar, Chinese yuan, and US dollar were 18.8%, 46.7%, 8.3%, and 24.4%, respectively. Loans Local private sector loans rose by 2.8% to 512.6 billion Macau patacas. Analyzing by economic use, bank loans to the "food and beverage industry" and "water, electricity, and gas production and supply industry" at the end of the second quarter of 2025 increased by 34.3% and 18.6% quarterly, while loans to the "wholesale and retail industry" and "construction industry" recorded decreases of 11.7% and 1.2%, respectively. Additionally, loans to the external sector increased by 5.5% to 522.6 billion Macau patacas. In total, total loans in the banking system increased by 4.2% to 1.0352 trillion Macau patacas; the shares of Macau pataca, Hong Kong dollar, Chinese yuan, and US dollar were 21.4%, 44.1%, 11.2%, and 20.0%, respectively. Operational Ratios As of the end of June 2025, the local resident loan-to-deposit ratio of banks increased from 49.3% at the end of May to 50.1%, while the overall loan-to-deposit ratio including the non-resident portion rose from 73.0% to 74.1%. The liquidity asset-to-liability ratios calculated for one and three months were at levels of 67.3% and 56.6%, respectively. Additionally, the non-performing loan ratio fell to 5.4%.