
HKMA imposes tighter property loan guidelines

The Hong Kong Monetary Authority (HKMA) issued lending guidelines on September 14 to guard against risk in the special administrative region's property loans market.
The new lending rules apply to borrowers with multiple property mortgages, which tend to have higher levels of indebtedness and leverage, according to Norman Chan, chief executive of the HKMA.
The guidelines aim to ensure less of applicants' income or net worth is committed to debt repayments and will apply to borrowers seeking
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]