Loan-to-value ratios are amongst the lowest across Asia Pacific.
Fitch believes that banks’ property loans will continue to perform well. Loan-to-value ratios are amongst the lowest across Asia-Pacific, and the authorities have the flexibility to soften a potential dip in the property market through unwinding tight macroprudential measures as well as transaction taxes.
"Maintaining stability in this key sector is of high priority to the authorities to protect consumer wealth and system-wide confidence," says Fitch.
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