1、 the Difference.Embracing the FutureHong Kong Banking Report 2025ContentsIntroduction Overview Overview of financial results Non-performing loans Impact of US-China Tariffs Hong Kong as an IFCAI and digital transformation Agentic AI Trusted AI Digital payments Financial Crime Compliance Cyber securi

2、ty466141618202022242628 2025 KPMG,a Hong Kong SAR partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Financial results Performance rankings Licensed ba

3、nks Restricted licence banks Deposit-taking companies Foreign bank branches Virtual banksAbout KPMGContact us303234384248586061 2025 KPMG,a Hong Kong SAR partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private Eng

4、lish company limited by guarantee.All rights reserved.4 Hong Kong Banking Report 2025IntroductionWelcome to the latest edition of the Hong Kong Banking Report,which includes the financial results of banks in 2024 alongside a detailed analysis of the top ten banks in the city.As in previous years,thi

5、s report also looks at the most significant trends and developments affecting the sectorfrom tariffs and shifting global monetary policies to the growing use of artificial intelligenceand provides an outlook for how Hong Kongs banks can navigate the challenges and opportunities ahead.Banking perform

6、anceThe past years performance offers Hong Kongs banking sector reasons for both confidence and careful reflection.Despite ongoing global economic uncertainty,banks in the city showed resilience,growing total assets by 4.5%in 2024.While this expansion came against a backdrop of subdued loan demand a