Macau Monetary Authority: September resident deposits fell 1.1% month-on-month to MOP836.3 billion

On November 3, statistics from the Macau Monetary Authority showed that broad money supply declined in September 2026. At the same time, resident deposits decreased month-on-month, while resident loans recorded an increase. Resident deposits fell 1.1% month-on-month to MOP836.3 billion, while non-resident deposits decreased 5.9% to MOP355 billion. On the other hand, deposits of the public sector in the banking system increased 2.3% to MOP280.3 billion. Taken together, total deposits in the banking system fell 1.7% to MOP1,471.6 billion; of this, the shares of the pataca, Hong Kong dollar, renminbi and US dollar were 18.9%, 45.3%, 10.3% and 23.8% respectively. Money Supply Currency in circulation rose 1.0%, while demand deposits fell 7.8%, and M1 therefore decreased 5.2% month-on-month. At the same time, quasi-monetary liabilities fell 0.6%, so M2, the broad money supply comprising M1 and quasi-monetary liabilities, decreased 1.0% to MOP859.3 billion. Analyzed by currency, the shares of the pataca, Hong Kong dollar, renminbi and US dollar in M2 were 32.4%, 43.0%, 8.9% and 14.3% respectively. Loans Local private sector loans increased 0.4% month-on-month to MOP474.2 billion. Analyzed by economic use, at the end of the third quarter of 2026, bank loans to the "restaurants and hotels" and "construction" sectors rose 6.5% and 2.2% quarter-on-quarter respectively, while loans to the "electricity, gas and water supply" and "transport, storage and communications" sectors recorded declines of 4.9% and 3.2% respectively. In addition, external sector loans fell 0.1% month-on-month to MOP565.2 billion. Taken together, total loans in the banking system increased 0.1% to MOP1,039.4 billion; of this, the shares of the pataca, Hong Kong dollar, renminbi and US dollar were 22.1%, 40.4%, 16.7% and 16.8% respectively. Operating Ratios As at the end of September 2026, the overall loan-to-deposit ratio of banks rose from 69.3% at the end of August to 70.6%, and the local resident loan-to-deposit ratio rose from 42.2% to 42.5%. The one-month and three-month liquidity ratios stood at 56.6% and 47.6% respectively. In addition, the non-performing loan ratio remained unchanged month-on-month at 4.4%.