Felix Pinkston
Aug 15, 2025 10:05
The Hong Kong Financial Authority (HKMA) studies a 2.5% lower in bank card receivables for Q2 2025, signaling a shift in shopper credit score conduct.
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 whole card receivables. This determine has dropped to HK$149.0 billion by the top of June, marking a major lower in comparison with the 5.8% discount noticed within the earlier quarter, in keeping with the Hong Kong Financial Authority.
Delinquency and Cost-Off Ratios
The HKMA’s report additionally highlights a slight improve 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, growing marginally to 0.64% from 0.61% within the earlier quarter.
Client Credit score Traits
The lower in bank card receivables might point out a shift in shopper spending and credit score utilization patterns inside Hong Kong’s financial system. This pattern could also be reflective of broader financial circumstances or shopper confidence ranges, which might affect bank card utilization and compensation conduct.
Comparative Evaluation
Compared to regional developments, Hong Kong’s bank card market seems to be experiencing a extra moderated adjustment in shopper credit score actions. Whereas the lower in receivables is important, the comparatively secure delinquency and charge-off ratios counsel that credit score danger stays below management.
The HKMA’s findings present priceless insights into the present state of shopper credit score in Hong Kong, providing a glimpse into potential financial shifts and shopper conduct developments because the 12 months progresses.
Picture supply: Shutterstock
