HKMA: Credit Card Lending Survey Results for Second Quarter 2022
The Hong Kong Monetary Authority published the credit card lending survey results for the second quarter of 2022.
In the second quarter, total card receivables picked up by 8.6% from previous quarter to HK$126.0 billion at end-June 2022.
The combined delinquent and rescheduled ratio edged down to 0.31% at end-June 2022 from 0.33% at the previous quarter-end. The quarterly charge-off ratio increased to 0.47% from 0.37% in the previous quarter, still relatively low by historical standards.
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