The senior management of the Hong Kong Financial Administration pointed out that because the situation of private real estate companies in mainland China has not yet fully stabilized, the banks of Hong Kong may further increase their allocation.
According to Radio Hong Kong and vice president of the HKMA Ruan Guoheng, on Tuesday (September 26), he made the above statement when he attended the Hong Kong Banking Summit's speech.
He revealed that as of the middle of the year, the ratio of specific classification loans in Hong Kong has risen to 1.5%, and there may be more down -of -the -modules of rating.The loan ratio may continue to rise slightly.
Ruan Guoheng emphasized that no Hong Kong bank loans are highly concentrated in private real estate companies in mainland China, and the preparation for specific classification loans is also sufficient.He said that the market value of mortgagers, the average dial -up coverage rate of banks is 140%, and the coverage rate is also 75%after the mortgage is removed.Even though the ratio of specific classification loans has risen further, the actual impact of banks and overall financial stability has little impact.
Ruan Guoheng said that in the environment of currency tightening, credit risk is always the primary challenge facing banks.However, he mentioned that Hong Kong banks have good profitability, can continue to generate and accumulate income, and meet some future credit costs.
