The Hong Kong Monetary Authority published its credit card lending survey results for the first quarter of 2026, showing that total card receivables fell 3.8% quarter on quarter to HK$158.0 billion at end-March after an 8.7% increase in the previous quarter driven by festive spending and salaries tax payments, while the combined delinquent and rescheduled ratio rose to 0.45% from 0.40% and the charge-off ratio declined to 0.56% from 0.62%.
Hong Kong Monetary Authority 2026-05-15
Hong Kong Monetary Authority reports first quarter 2026 decline in credit card receivables to HK$158.0 billion
The Hong Kong Monetary Authority reported that total credit card receivables fell 3.8% quarter on quarter to HKD 158.0 billion at end-March 2026, following an 8.7% increase in the previous quarter driven by festive spending and salaries tax payments. The combined delinquent and rescheduled ratio rose to 0.45% from 0.40%, while the charge-off ratio declined to 0.56% from 0.62%.