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HKMA: Retail Banks' Aggregate Pre-tax Operating Profit Surges 11.9% YoY in 1-3Q25; Banking Sector's Asset Quality Manageable
Recommend 5 Positive 11 Negative 7 |
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According to a quarterly report released by the Hong Kong Monetary Authority (HKMA), the Hong Kong banking sector stayed resilient with strong capital and liquidity positions. Despite a slight increase in the classified loan ratio in 3Q25, the banking sector's asset quality remained manageable. Regarding profitability, the aggregate pre-tax operating profit of retail banks increased by 11.9% YoY in 1-3Q25. This was mainly attributable to increases in income from fees and commissions and net interest income. Retail banks' NIM narrowed to 1.47% in 1-3Q25 from 1.5% in the same period last year. AAStocks Financial News |
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