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.
Hong Kong Monetary Authority
13 November 2020
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