The combined operating profits of Macau’s banks shrank in December to MOP645 million (US$80.63), 19.3 per cent less than a year earlier and showing a yearly decrease for the second month in a row, official data indicate. The Monetary Authority of Macau says bank deposits by non-residents increased by 25.7 per cent to MOP219.4 billion and deposits by residents increased by 10.2 per cent to MOP476 billion. The annual combined operating profits of the banks grew by 11.8 percent last year to MOP10.9 billion.
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