Credit Card Lending Survey Results for Second Quarter 2023

The Hong Kong Monetary Authority published today (15 August) the credit card lending survey results for the second quarter of 2023.

Total card receivables increased by 1.2% in the second quarter to HK$144.1 billion at end-June 2023, after a decrease of 1.8% in the previous quarter.

The combined delinquent and rescheduled ratio edged up to 0.30% at end-June 2023 from 0.29% at the previous quarter-end.  The quarterly charge-off ratio increased to 0.44% from 0.40% in the previous quarter.

Annex

Hong Kong Monetary Authority
15 August 2023