Credit Card Lending Survey Results for Third Quarter 2019

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15 Nov 2019

Credit Card Lending Survey Results for Third Quarter 2019

The Hong Kong Monetary Authority published today the credit card lending survey results for the third quarter of 2019.

Total card receivables edged up by 0.2% in the third quarter to HK$132.4 billion at end-September 2019, after increasing by 2.0% in the previous quarter.

The combined delinquent and rescheduled ratio stood at 0.32% at end-September 2019, showing little change from the previous quarter-end.

The charge-off amount increased by HK$65 million during the quarter to HK$581 million. Correspondingly, the quarterly charge-off ratio increased to 0.44% from 0.39% in the previous quarter.

Annex

 

Hong Kong Monetary Authority
15 November 2019

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Last revision date : 15 November 2019