HKMA: Preliminary figures for specific classification loan ratio in Q3 remain stable, credit risk overall controllable

Zhitong Finance APP has learned that HKMA Deputy Chief Executive Arthur Yuen, speaking at a meeting of the Panel on Financial Affairs, said that the preliminary figure for the specific classification loan ratio in the third quarter remained stable compared with the end of the second quarter. Bank provisioning levels are adequate, at about 65% excluding collateral and reaching 150% after deducting the realizable value of collateral, and he considers the current credit risk to be generally controllable.