Credit Card Lending Survey Results for Fourth Quarter 2021

The Hong Kong Monetary Authority published today (15 February) the credit card lending survey results for the fourth quarter of 2021.

Total card receivables increased by 8.2% in the fourth quarter to HK$134.6 billion at end-December 2021, mainly driven by festive spending and salaries tax payment.

The combined delinquent and rescheduled ratio edged down to 0.27% at end-December 2021 from 0.29% at the previous quarter-end. The quarterly charge-off ratio decreased to 0.38% from 0.46% in the previous quarter.

Annex

Hong Kong Monetary Authority
15 February 2022