报告指出，由于今年5月银行体系总结余扩张，港元流动性转趋宽松，导致短期香港银行同业拆息在上 半年大幅下跌。例如，三个月香港银行同业拆息在2025年上半年下跌269个基点，达至2025年6月底的 1.68%。然而，随着银行体系总结余在弱方兑换保证于6月下旬起至8月中被触发后减少，香港银行同业 拆息已自此开始回升。 香港银行业回顾期内保持稳健 香港银行业的资本维持充裕。本地注册认可机构的综合总资本比率在2025年上半年末处于24.4%的高 位，远高于8%的国际最低标准。此外，本地注册认可机构的非风险为本杠杆比率于2025年6月底录得 7.9%的稳健水平，超过3%的法定最低水平。 报告称特定分类贷款比率在回顾期内仍然面对上升压力，但银行业整体资产质素风险维持可控及银行拨 备充足。认可机构的总特定分类贷款比率由2024年12月底的1.96%微升至2025年6月底的1.97%。认可机 构的逾期及经重组贷款比率亦由2024年12月底的1.55%上升至2025年6月底的1.58%。 家庭资产负债情况健康 个人贷款方面，家庭负债在2025年上半年增长1.8%，增幅大于2024年下半年的0.6%。数据细分显示， 随着期内住宅物 ...

Core Insights - The Hong Kong banking system remains robust with ample capital and liquidity as of Q1 2025 [1][2] - Retail banking operating profit before tax increased by 15.8% year-on-year, driven by growth in foreign exchange and derivative income, as well as fees and commissions [1] - The net interest margin for retail banking narrowed to 1.51% from 1.53% in the same period last year [1] Loan and Deposit Trends - Total loans in the Hong Kong banking sector increased by 0.6% year-on-year, with loans used in Hong Kong and outside Hong Kong rising by 0.8% and 1.1% respectively [1] - Trade financing saw a decline of 4.7% year-on-year [1] - Total deposits increased by 3.5% year-on-year, with Hong Kong dollar deposits and US dollar deposits rising by 5.1% and 1.7% respectively [1] Asset Quality and Liquidity - The specific classified loan ratio in the Hong Kong banking system slightly increased from 1.96% at the end of Q4 2024 to 1.98% at the end of Q1 2025 [2] - The average liquidity coverage ratio for Class 1 institutions was 182.5%, significantly above the 100% regulatory minimum [2] - The total capital ratio for locally registered authorized institutions was 24.2% as of March 2025, well above the 8% international minimum requirement [2]