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New SME credit dips 25.9 pct in H2 2024, delinquency ratio hits 6.2 pct

Summary by Macau Business

The delinquency ratio of total outstanding loans extended to small and medium-sized enterprises (SMEs) reached 6.2 per cent in the second half of 2024, the highest level since 2008—the earliest data available on the Monetary Authority of Macau’s (AMCM) website. Compared with the first half of last year, the delinquency ratio increased by 0.5 percentage points, rising from 5.7 per cent. In just two years, the delinquency ratio has surged from 0.7…

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Macao News

Macao’s loan delinquency rate continues its 20-year high as SME credit plunges

The non-performing loans ratio last November hit a record high of 5.5 percent, a figure that was carried over in December, the last month for which data has been released The post Macao’s loan delinquency rate continues its 20-year high as SME credit plunges appeared first on Macao News.

2 days ago

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MACAU DAILY TIMES 澳門每日時報

SMEs’ approved credit limit plunges 26%

New small and medium-sized enterprise (SME) credit limits approved by local banks in the second half of 2024 totaled MOP3.3 billion, down 25.9% from the first half of the year. Statistics from the Monetary Authority of Macao show that as of 2024, the outstanding balance of SME loans fell by 3.2% from the end of […] The post SMEs’ approved credit limit plunges 26% appeared first on MACAU DAILY TIMES 澳門每日時報.

2 days ago

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