HKMA publishes April 2026 monetary statistics showing deposit growth
HKMA reported total deposits with authorised institutions rose 1.5% in April 2026, with HKD deposits up 1.3% and RMB deposits reaching RMB1,077.3bn.
Continued deposit growth, particularly in RMB balances, has implications for funding mix, liquidity coverage, and cross-currency risk in Hong Kong banks. Supports planning assumptions for retail and wholesale funding strategies.
Deposit composition shifts affect liquidity, NSFR, and FX funding risk profiles.
Action Required
Incorporate deposit trend data into liquidity, funding concentration, and ALM monitoring for HK operations.
Macro-prudential indicator relevant for ALM and funding planning.
Update funding plan assumptions with April HKMA data; monitor RMB deposit growth for cross-currency liquidity implications.
“According to statistics published today (29 May) by the Hong Kong Monetary Authority, total deposits with authorized institutions increased by 1.5% in April 2026. Hong Kong dollar deposits and foreign currency deposits increased by 1.3% and 1.6% respectively. Renminbi deposits in Hong Kong increased by 4.1% in April to RMB1,077.3 billion.”