KPMG – Hong Kong Banking Report, 2025

Summary

The main theme of the report is the analysis of the Hong Kong banking sector in 2024 and forecasts for the future.

Key findings include a 4.5% growth in total assets of Hong Kong banks in 2024 despite global economic uncertainty, a 7.8% increase in operating profit before impairment charges compared to the previous year, challenges related to the rising share of non-performing loans, especially in commercial real estate, and the importance of digital transformation and operational efficiency for the sector's resilience.

Region: Global

Published: August 2025

Author(s): KPMG

Language: English

Tech drivers: AI Blockchain Cybersecurity and privacy

Social drivers: Pandemics Sustainability and ethics

Geopolitical drivers: Economic conditions Regulatory changes Workforce availability

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