Credit Card Lending Survey Results for Third Quarter 2018

The Hong Kong Monetary Authority published today the credit card lending survey results for the third quarter of 2018.

Total card receivables increased by 1.3% in the third quarter to HK$125.9 billion at end-September 2018, after growing by 3.0% in the previous quarter.

The combined delinquent and rescheduled ratio edged down to 0.32% at end-September 2018 from 0.33% at the previous quarter-end.

The charge-off amount increased by HK$7 million during the quarter to HK$512 million, while the quarterly charge-off ratio remained stable at 0.41%.

Annex

Hong Kong Monetary Authority
15 November 2018