Fusion Bank’s loans double in 2025 on mainland firms’ overseas ambitions

Its commercial loan balance rose to HK$2.3b, it said.

Fusion Bank saw its total assets, deposits, and loans more than double in 2025, citing a surge in mainland enterprises expanding overseas.

Total deposits rose 111% year-on-year (YoY) to $1.86b (HK$14.6b) for the full year of 2025.

The bank–-which is owned by Tencent Holdings Limited—said that its loan portfolio grew by more than twofold to $395.73m (HK$3.1b), with its commercial loan balance rising to $293.61m (HK$2.3b). The non-performing loan ratio is 0.4%.

Net interest income rose 77% YoY to $16.6m (HK$130m) during the year.

Commercial banking will remain a core business focus of Fusion Bank, said Jared Shu, executive director and chief executive of the bank.

“Riding the wave of Mainland enterprises' overseas expansion, our business momentum gained considerable strength, with key indicators pointing to sustainable growth,” Shu said in a press statement announcing the bank’s 2025 performance.

As of end 2025, nearly 80% of commercial banking customers open their accounts online.

The bank also raised its maximum loan amount under its Business Instalment Loan ‘365’ to $2.3m (HK$18m) in 2025.

Moving forward, the bank expects the overseas expansion trend amongst mainland enterprises to continue.

Fusion Bank shared plans to leverage the Hong Kong Trade Development Council’s ‘GoGlobal Cross-sectoral Professional Services Platform’ to connect with more businesses, intending to provide the businesses with one-stop support covering financing, foreign exchange, and payments.

(US$1 = HK$7.83)