Hong Kong Financial Authority Reviews Decline in Credit score Card Receivables for Q2 2025

The Hong Kong Financial Authority (HKMA) has launched its bank card lending survey outcomes for the second quarter of 2025, revealing a notable 2.5% decline in complete card receivables. This determine has dropped to HK$149.0 billion by the top of June, marking a big lower in comparison with the 5.8% discount noticed within the earlier quarter, in accordance with the Hong Kong Financial Authority.

Delinquency and Cost-Off Ratios

The HKMA’s report additionally highlights a slight enhance within the mixed delinquent and rescheduled ratio, which rose to 0.45% on the finish of June 2025, up from 0.42% on the finish of the primary quarter. Regardless of this uptick, the quarterly charge-off ratio stays comparatively low, rising marginally to 0.64% from 0.61% within the earlier quarter.

Client Credit score Developments

The lower in bank card receivables might point out a shift in client spending and credit score utilization patterns inside Hong Kong’s financial system. This development could also be reflective of broader financial circumstances or client confidence ranges, which may affect bank card utilization and reimbursement conduct.

Comparative Evaluation

Compared to regional traits, Hong Kong’s bank card market seems to be experiencing a extra moderated adjustment in client credit score actions. Whereas the lower in receivables is critical, the comparatively secure delinquency and charge-off ratios recommend that credit score danger stays underneath management.

The HKMA’s findings present beneficial insights into the present state of client credit score in Hong Kong, providing a glimpse into potential financial shifts and client conduct traits because the 12 months progresses.

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