According to statistics released today (2 April) by the Monetary Authority of Macao, broad money supply continued to grow in February 2026. Meanwhile, resident deposits* rose from a month ago whereas loans to residents* posted a decline.
Money supply
Currency in circulation and demand deposits grew 4.4% and 8.6% respectively, M1 thus increased 7.4% from one month earlier. On the other hand, quasi-monetary liabilities decreased 0.2%. The sum of these two items, i.e. M2, increased 0.5% to MOP863.6 billion. The shares of Macao pataca (MOP), Hong Kong dollar (HKD), renminbi (RMB) and United States dollar (USD) in M2 were 32.0%, 44.6%, 6.4% and 15.3% respectively.
Deposits
Resident deposits* rose 0.4% from the preceding month to MOP840.1 billion while non-resident deposits* grew 1.2% to MOP330.2 billion. Meanwhile, public sector deposits with the banking sector increased 3.8% to MOP246.2 billion. As a result, total deposits in the banking sector grew 1.1% to MOP1,416.5 billion. The shares of MOP, HKD, RMB and USD in total deposits were 19.4%, 44.8%, 7.9% and 26.3% respectively.
Loans
Domestic loans to the private sector* fell 0.7% from a month ago to MOP489.1 billion. On the other hand, external loans* increased 4.2% to MOP557.7 billion. As a result, total loans of the banking sector rose 1.9% to MOP1,046.8 billion. The shares of MOP, HKD, RMB and USD in total loans were 21.6%, 40.5%, 16.7% and 17.3% respectively.
Operating ratios
At end-February 2026, the overall loan-to-deposit ratio increased from 73.4% at end-January to 73.9%, whereas the ratio for the resident sector decreased from 45.8% to 45.0%. The one-month and three-month current assets to liabilities ratios stood at 56.5% and 48.9% respectively. Concurrently, the non-performing loan ratio decreased from 4.8% at end-January to 4.7%.
* Resident and non-resident deposits, as well as domestic loans to the private sector and external loans, cover both individuals and enterprises.
Detailed information is available in the latest issue of Monthly Bulletin of Monetary Statistics.
https://www.amcm.gov.mo/en/research-statistics/research-and-publications?type=financial_statistics_monthly
