Hang Seng Credit Loss Provision Reaches 8 Billion, Up 70%

SighingCashier · 2026-03-22T19:20:52+00:00

Hang Seng Bank's credit loss provisions increased 68.6% to HK$8.049 billion, primarily impacted by Hong Kong commercial real estate. The impaired loan ratio at the end of last year was 7.04%, up from the previous year.

SighingCashier

2026-03-22 19:20:52

Abstract generation in progress

March 23, 2026

Hang Seng Bank’s Credit Loss Provision Increases by 8 Billion, Up 70%

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Hang Seng Bank, which was privatized by HSBC Holdings (00005), saw its expected credit loss changes and other credit impairment provisions rise by over 68.6% last year, reaching HKD 8.049 billion, mainly related to commercial real estate in Hong Kong. The loan impairment ratio at the end of last year was 7.04%, up 0.92 percentage points year-on-year, and 0.35 percentage points higher than the first half of the year. Hang Seng’s 2025 annual report published on the HKMA website shows that last year’s attributable profit to shareholders was 157…

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