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The Zhitong Finance App learned that Hong Kong Monetary Authority Vice President Yuen Kwok-hang said while attending the Financial Affairs Committee meeting that the preliminary figures for specific loan ratios for the third quarter remained stable compared to the end of the second quarter. The bank's level of provision is sufficient. Excluding collateral, it reached 150% after deducting the realized value of collateral. It is believed that the overall credit risk is currently manageable.
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The Zhitong Finance App learned that Hong Kong Monetary Authority Vice President Yuen Kwok-hang said while attending the Financial Affairs Committee meeting that the preliminary figures for specific loan ratios for the third quarter remained stable compared to the end of the second quarter. The bank's level of provision is sufficient. Excluding collateral, it reached 150% after deducting the realized value of collateral. It is believed that the overall credit risk is currently manageable.
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