Hong Kong's total deposits with authorized institutions rose 1.3 percent in July, with a 1.7 percent and 0.8 percent increase in Hong Kong-dollar and foreign currency deposits, the Monetary Authority of Hong Kong said on Friday. The Hong Kong-dollar deposits rose 1.7 percent during the month as the expansion in time deposits exceeded the decline in demand and savings deposits. Foreign-currency deposits also climbed by 0.8 percent in June. Accounting for around 3.5 percent of foreign-currency deposits, renminbi deposits in Hong Kong grew by 4.8 percent at the end of June. Meanwhile, the 5 percent growth of total loans and advances was attributed to the 3.8 percent and 10.3 percent increase of loans for use in Hong Kong and elsewhere separately. As Hong Kong-dollar loans increased at a faster rate than deposits, the loan-to- deposit ratio climbed from 76.4 percent in May to 77.7 percent in June. In the second quarter this year, loans for use in Hong Kong grew by 7.6 percent, compared with a 5.0 percent increase in the previous quarter. 