Credit Card Lending Survey Results for Second Quarter 2017

The Hong Kong Monetary Authority published today the credit card lending survey results for the second quarter of 2017.
 
Total card receivables increased by 1.0% in the second quarter to HK$117.9 billion at end-June 2017, after declining by 8.9% in the previous quarter.
 
The combined delinquent and rescheduled ratio edged down to 0.34% at end-June 2017 from 0.37% at the previous quarter-end.
 
The charge-off amount grew by HK$32 million during the quarter to HK$609 million. Correspondingly, the quarterly charge-off ratio rose to 0.52% from 0.47% in the previous quarter.

Annex

Hong Kong Monetary Authority
15 August 2017