1996-09-12

Added 2026-06-22 · Updated 2026-07-10

The use of personal loans to compete for residential mortgage business

The Hong Kong Monetary Authority issued Guideline 5.9.2 on September 12, 1996, to regulate credit risk management in property mortgage lending for all authorized institutions. The document addresses the practice of using personal loans to compete for residential mortgage business, establishing requirements to ensure prudent lending standards. This guideline has since been superseded by subsequent circulars refining property mortgage lending requirements.

Hong Kong

Hong Kong Monetary Authority

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GLI

Current

Guideline Number: 5.9.2

Issue Date:

12 Sep 1996

19960912-1-EN.pdf (8.1 KB)

Topic:

Credit Risk Management - Property mortgage lending

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

Directly related Document

Cross referenced Document

Version History

Superseded Document

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