Credit Card Lending Survey Results for Third Quarter 2016

The Hong Kong Monetary Authority published today the credit card lending survey results for the third quarter of 2016.
 
Total card receivables slightly increased by 0.1% in the third quarter to HK$118.1 billion at end-September 2016, after increasing by 1.2% in the previous quarter.
 
The combined delinquent and rescheduled ratio edged down to 0.34% at end-September 2016 from 0.36% at the previous quarter-end.
 
The charge-off amount slightly decreased by HK$5 million during the quarter to HK$632 million while the quarterly charge-off ratio remained steady at 0.54% .

Annex

Hong Kong Monetary Authority
14 November 2016