In February, business actual property mortgage loans elevated by 210 per cent month-to-month to MOP10.02 billion (US$1.2 billion), information revealed by the Financial Authority of Macau (AMCM) exhibits.
On the finish of the identical month, the ratio of unpaid money owed reached 0.31 per cent, virtually unchanged from the earlier month.
In the meantime, new residential mortgage loans accredited by Macau’s banks fell by 41.5 per cent in comparison with the earlier month reaching MOP2.05 billion.
Residents represented 94.8 per cent of the loans additionally nearly additionally unchanged from the earlier month.