, Hong Kong
Photo from Pixabay.

Hong Kong credit card receivables down 0.6% in Q3

The delinquent and rescheduled ratio was 0.4% in end-September.

Credit card lending receivables decreased by 0.6% to HK$150.3b in Q3 2024, according to a survey by the Hong Kong Monetary Authority (HKMA).

This extends the 0.2% decline recorded in Q2.

The combined delinquent and rescheduled ratio was 0.4% at end-September, rising slightly from the 0.39% recorded in end-June.

The quarterly charge-off ratio remained unchanged at 0.58%.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!