Residential buildings in Jordan, Kowloon. Photo: Sam TsangResidential buildings in Jordan, Kowloon. Photo: Sam Tsang
Residential buildings in Jordan, Kowloon. Photo: Sam Tsang

Hong Kong’s banks are in better shape than 1997 to weather a property crash, regulator says

Banks are lending less in mortgages while their capital base has been strengthened, which puts them in better position to withstand any downturns in property, the monetary authority’s CEO says

Topic |   Hong Kong handover 20th anniversary
Residential buildings in Jordan, Kowloon. Photo: Sam TsangResidential buildings in Jordan, Kowloon. Photo: Sam Tsang
Residential buildings in Jordan, Kowloon. Photo: Sam Tsang
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