{"id":158439,"date":"2025-07-30T17:33:22","date_gmt":"2025-07-30T10:33:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-seng-says-it-is-covered-against-bad-loans-amid-property-slump\/"},"modified":"2025-07-30T18:44:37","modified_gmt":"2025-07-30T11:44:37","slug":"hang-seng-says-it-is-covered-against-bad-loans-amid-property-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-seng-says-it-is-covered-against-bad-loans-amid-property-slump\/","title":{"rendered":"Hang Seng says it is \u2018covered\u2019 against bad loans amid property slump"},"content":{"rendered":"


\nHang Seng Bank remains financially healthy, as the extra provisions and collateral provided by borrowers are sufficient to withstand the continued increase in non-performing loans (NPLs) at the HSBC unit, according to its CEO.
\n\u201cThe amount of collaterals and provisions for NPLs has exceeded 100 per cent,\u201d executive director and CEO Diana Cesar said in the bank\u2019s interim results announcement on Wednesday. \u201cBased on what we know now and what we can see coming, we think the extra provisions and…
\n
\nSource : South China Morning Post
\nRead more…Hang Seng says it is \u2018covered\u2019 against bad loans amid property slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hang Seng Bank remains financially healthy, as the extra provisions and collateral provided by borrowers...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-158439","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Fdt","jetpack-related-posts":[{"id":171936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-tests-market-with-28-pavilia-rosa-flats-for-sale-amid-hang-seng-slump\/","url_meta":{"origin":158439,"position":0},"title":"NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump","date":"June 8, 2026","format":false,"excerpt":"\r Hong Kong developer New World Development (NWD) is making 28 units of its Pavilia Rosa project in Kowloon Tong available to buyers on Friday, a test of sentiment and demand in the city\u2019s residential property market amid a slumping Hang Seng Index. NWD said the flats would be sold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scmp-wins-gold-at-hang-seng-universitys-journalism-awards-with-story-on-real-estate-slump\/","url_meta":{"origin":158439,"position":1},"title":"SCMP wins gold at Hang Seng University\u2019s journalism awards with story on real estate slump","date":"April 10, 2025","format":false,"excerpt":"\r Salina Li won the Gold Award in the real estate category for her feature story that compared Hong Kong\u2019s 2024 property slump with the city\u2019s 1997 crash.\r \r Source : South China Morning Post\r Read more...SCMP wins gold at Hang Seng University\u2019s journalism awards with story on real estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-seng-banks-ceo-buys-tai-hang-flat-as-citys-home-prices-rise\/","url_meta":{"origin":158439,"position":2},"title":"Hang Seng Bank\u2019s CEO buys Tai Hang flat as city\u2019s home prices rise","date":"August 22, 2025","format":false,"excerpt":"\r The executive director and CEO of Hang Seng Bank has bought a home in Hong Kong\u2019s Tai Hang district, joining a growing coterie of financiers on the hunt for high-value residential property that has helped to drive the city\u2019s lived-in home prices to a five-month high. A lived-in flat\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-asks-hang-seng-bank-to-clean-up-bad-hong-kong-property-debt\/","url_meta":{"origin":158439,"position":3},"title":"HSBC asks Hang Seng Bank to clean up bad Hong Kong property debt","date":"September 25, 2025","format":false,"excerpt":"\r HSBC Holdings has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank, to offload portfolios of bad real estate debt, underscoring growing concerns over the city\u2019s struggling property sector. About two months ago, the lender directed its London-based global chief corporate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-unemployment-tottering-hang-seng-index-foretell-weaker-home-prices-in-coming-months-knight-frank-says\/","url_meta":{"origin":158439,"position":4},"title":"Rising unemployment, tottering Hang Seng Index foretell weaker home prices in coming months, Knight Frank says","date":"August 18, 2020","format":false,"excerpt":"\r Rising unemployment will depress home prices in mass and luxury residential market by 5 per cent this year amid the coronavirus outbreak, according to Knight Frank, with homes changing hands at lower than market prices amid shrinking transactions.\u201cRising unemployment will lead to affordability issues, thus reducing property demand and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-seng-university-joins-property-rush-with-us11-6-million-office-deal\/","url_meta":{"origin":158439,"position":5},"title":"Hong Kong\u2019s Hang Seng University joins property rush with US$11.6 million office deal","date":"December 11, 2025","format":false,"excerpt":"\r Hong Kong\u2019s Hang Seng University has acquired office units in a commercial building in the New Territories for HK$90 million (US$11.6 million), making it the latest school to purchase real estate amid a government push to turn the city into a global education hub. The acquisition covers 16 office\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/158439"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=158439"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/158439\/revisions"}],"predecessor-version":[{"id":158440,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/158439\/revisions\/158440"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=158439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=158439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=158439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}