Foreign currency LDR remained high at 53.1%, on the back of US$- and CNH-denominated loan demand, says Barclays.
According to Barclays analyst Sharnie Wong, both system total LDR and HK$ LDR was stable at 67.7% and 82.4%, respectively. "HK$ deposit rates remain elevated (80bps for 3M HK$ time deposit on average, ranging up to 150bps) based on our channel checks," she added.
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