Credit Card Lending Survey Results for Third Quarter 2020

The Hong Kong Monetary Authority published today the credit card lending survey results for the third quarter of 2020.

Total card receivables decreased by 3.2% in the third quarter to HK$120.2 billion at end-September 2020 after an increase of 0.2% in the previous quarter.

The combined delinquent and rescheduled ratio fell slightly to 0.42% at end-September 2020 from 0.47% at the previous quarter-end. Similarly, the charge-off ratio decreased to 0.63% from 0.71% in the previous quarter.

Annex

Hong Kong Monetary Authority
13 November 2020