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Credit card lending survey results for third quarter 2022
The following is issued on behalf of the Hong Kong Monetary Authority:
     The Hong Kong Monetary Authority published today (November 15) the credit card lending survey results for the third quarter of 2022.
     In the third quarter, total card receivables increased by 2.6 per cent from the previous quarter to HK$129.3 billion at end-September 2022.
     The combined delinquent and rescheduled ratio edged down to 0.29 per cent at end-September 2022 from 0.31 per cent at the previous quarter-end. The quarterly charge-off ratio dropped to 0.42 per cent from 0.47 per cent in the previous quarter.
Ends/Tuesday, November 15, 2022
Issued at HKT 16:30
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