Bank of China (HK) increases dominance of Hong Kong loan market
New loans at Bank of China Hong Kong grew 11.1% to HKD99bn ($13bn) in the eight months to the end of August, far outpacing the industry rate of 2.2% YoY. The bank now underwrites 60% of new loans in the city.

BOCHK underwrites 60 per cent of all new loans in the city, with analysts saying growth could even accelerate based on its strong balance sheet. Photo: Nora Tam