HKMA reports 1.4% rise in Q3 credit card receivables

Delinquency and charge‑off ratios were stable at 0.45% and 0.64%, respectively.

Total credit card receivables rose 1.4% in Q3 2025 to $151.0b at end‑September, according to the Hong Kong Monetary Authority's credit card lending survey. The increase reversed a 2.5% decline in the previous quarter.

Credit card accounts slipped 0.1% to 17.1m, while average receivables stood at $150.0b, down slightly from $150.9b in Q2.

Delinquency and rescheduling ratios held steady. The combined delinquent and rescheduled ratio stayed at 0.45%, and the delinquency ratio registered 0.39%. Institutions charged off $965m during the quarter, keeping the charge‑off ratio unchanged at 0.64%, according to the report.

Borrowers rolled over $26.3b of balances, equal to 17.4% of total receivables, compared with 17.6% in Q2. The HKMA said the survey provides an early indication of credit card portfolio quality across authorised institutions.