Credit Card Lending Survey Results for Third Quarter 2023

The Hong Kong Monetary Authority published today (15 November) the credit card lending survey results for the third quarter of 2023.

Total card receivables increased by 2.4% in the third quarter to HK$147.5 billion at end-September 2023, after an increase of 1.2% in the previous quarter.

The combined delinquent and rescheduled ratio edged up to 0.33% at end-September 2023 from 0.30% at the previous quarter-end.  The quarterly charge-off ratio increased slightly to 0.47% from 0.44% in the previous quarter.

Annex

Hong Kong Monetary Authority
15 November 2023