TransUnion Q1 2024 Industry Insights

Untapped Opportunities Exist for Hong Kong Lenders to Drive Sustainable Growth

Sign up to watch our webinar covering consumer credit trends revealed in TransUnion’s latest Industry Insights Report (IIR). We  reviewed Hong Kong credit product performance in Q1 and discussed:

  • How repeat borrowers continued to drive personal loan origination growth
  • Licensed digital banks continued to meet demand (albeit with lower credit limits) from younger borrowers seeking quicker turnaround and digital experiences 
  • New credit card volume slowed, yet balances continued to build

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