According to statistics released today (3 February) by the Monetary Authority of Macao, resident deposits rose from a month ago whereas loans to residents posted a decline in December 2025.

According to statistics released today (3 February) by the Monetary Authority of Macao, broad money supply rebounded in December 2025. Meanwhile, resident deposits* rose from a month ago whereas loans to residents* posted a decline.

Money supply

Currency in circulation and demand deposits grew 0.1% and 9.1% respectively, M1 thus increased 6.3% from one month earlier.  Meanwhile, quasi-monetary liabilities rose 0.7%.  The sum of these two items, i.e. M2, rebounded 1.1% to MOP841.1 billion.  The shares of Macao pataca (MOP), Hong Kong dollar (HKD), renminbi (RMB) and United States dollar (USD) in M2 were 32.0%, 44.3%, 6.3% and 15.2% respectively.

Deposits

Resident deposits* rose 1.2% from the preceding month to MOP819.6 billion whereas non resident deposits* dropped 4.6% to MOP333.3 billion.  On the other hand, public sector deposits with the banking sector increased 2.8% to MOP239.4 billion.  As a result, total deposits in the banking sector edged down to MOP1,392.3 billion.  The shares of MOP, HKD, RMB and USD in total deposits were 19.4%, 44.7%, 7.8% and 26.3% respectively.

Loans

Domestic loans to the private sector* fell 0.8% from a month ago to MOP491.6 billion. Analysed by economic sector, “wholesale and retail” and “manufacturing” grew at respective rates of 11.6% and 2.4% when compared with a quarter ago, whereas “construction” and “restaurants, hotels and similar activities” fell 4.0% and 2.2% respectively.  Concurrently, external loans* increased 3.5% from the preceding month to MOP523.7 billion.  As a result, total loans of the banking sector rose 1.4% to MOP1,015.3 billion.  The shares of MOP, HKD, RMB and USD in total loans were 21.8%, 42.5%, 14.0% and 18.0% respectively.

Operating ratios

At end-December 2025, the overall loan-to-deposit ratio increased from 71.9% at end November to 72.9%, whereas the ratio for the resident sector decreased from 47.5% to 46.4%.     The one-month and three-month current assets to liabilities ratios stood at 65.4% and 57.7% respectively.  Concurrently, the non-performing loan ratio retreated to 4.9%.

* Resident and non-resident deposits, as well as domestic loans to the private sector and external loans, cover both individuals and enterprises.