Non-performing loans as a share of bank loans rose 34.0% yoy to 1.52% in Hong Kong in 2Q2024, according to the National Central Bank. This is 8.50% more than in the previous quarter.
Historically, non-performing loans as a share of bank loans in Hong Kong reached an all time high of 1.58% in 2Q2009 and an all time low of 0.500% in 2Q2013.
Hong Kong has been ranked 52nd within the group of 62 countries we follow in terms of non-performing loans as a share of bank loans, 61 places above the position seen 10 years ago.
Non-Performing Loans (As % of Total Loans) | Unit | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
Cambodia | % | 2.71% | 3.10% | 4.15% | 4.63% | 5.12% | ||||||||||||||||
China | % | ... | ... | ... | 1.61% | ... | ... | ... | ||||||||||||||
Hong Kong | % | 1.02% | 1.06% | 1.13% | 1.21% | 1.20% | ||||||||||||||||
India | % | 4.81% | 4.25% | 4.09% | 3.64% | 1.72% | ... | ... | ||||||||||||||
Indonesia | % | 2.15% | 2.20% | 2.15% | 2.15% | 1.96% | ||||||||||||||||
Japan | % | ... | ... | ... | ... | ... | ... | ... | ... | 1.19% | ... | 1.20% | ... | ... | ||||||||
Laos | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Malaysia | % | 1.72% | 1.71% | 1.71% | 1.72% | 1.65% | ... | |||||||||||||||
Philippines | % | 3.13% | 3.29% | 3.39% | 3.34% | 3.19% | ||||||||||||||||
Russia | % | 5.51% | 5.41% | 5.33% | ... | ... | ... | ... | ||||||||||||||
Singapore | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||
Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | % | 2.84% | 2.80% | 2.79% | 2.81% | 2.76% | ||||||||||||||||
USA | % | 0.716% | 0.730% | 0.737% | 0.803% | 0.847% | ... | |||||||||||||||
Vietnam | % | ... | ... | ... | ... | ... | ... | ... | 2.32% | ... | 3.89% | ... | ... | ... | ... |