The Hong Kong Monetary Authority published today the credit card lending survey results for the second quarter of 2019.
Total card receivables increased by 2.0% in the second quarter to HK$132.1 billion at end-June 2019, after declining by 6.2% in the previous quarter.
The combined delinquent and rescheduled ratio increased marginally to 0.33% at end-June 2019 from 0.32% at the previous quarter-end.
The charge-off amount increased by HK$6 million during the quarter to HK$516 million. Correspondingly, the quarterly charge-off ratio edged up to 0.39% from 0.38% in the previous quarter.
Hong Kong Monetary Authority
15 August 2019