, Hong Kong

See what led Hong Kong banks' stable system loan growth at 1.7%

Cheaper borrowing costs are a boon.

According to Barclays, system loan growth was stable at 1.7% m/m and 4% ytd, again led by trade finance (+6% m/m, +21% ytd), likely boosted by the cheaper borrowing costs in Hong Kong for Mainland-related trade.

Meanwhile, loans for use outside Hong Kong (which we believe are mostly China non-trade related) recorded no growth in the month of May.

Join Asian Banking & Finance 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!

Top News

Malaysia’s private sector loans up 5.4% in May
Business loan growth accelerated whilst corporate bond growth moderated.
Lending & Credit
Mizuho Bank began streaming prices on SGX FX
The bank aims to offer enhanced service and unprecedented access to real-time market data.
JCB enables Apple Pay for Vietnamese cardholders
JCB cardholders from Vietcombank, MBBank, and VPBank will enjoy the new service.
Cards & Payments