Local Bank | Fubon Hong Kong earned 52% more last year, benefiting from increased revenue and decreased impairment losses

SocialAnxietyStaker · 2026-03-10T02:49:02+00:00

Fubon Bank (Hong Kong) achieved a net profit of HKD 1.376 billion last year, an increase of 52%. Net interest income rose by 12% due to growth in interest-earning assets, and non-interest income also increased by 13%. Impairment losses significantly declined, indicating an improvement in asset quality and maintaining high standards for credit quality.

SocialAnxietyStaker

2026-03-10 02:49:02

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Fubon Bank (Hong Kong) benefited from increased revenue and reduced impairment losses last year, with a full-year net profit of HKD 1.376 billion, up 52% year-on-year. Driven by a 17% increase in average interest-earning assets, net interest income rose 12% to HKD 2.89 billion. Non-interest income increased 13% to HKD 430 million. Income from insurance business, net income from financial marketing, and fee income from lending activities grew by 33%, 31%, and 25%, respectively.

The third stage of loan impairment losses (after bad debt recoveries) amounted to HKD 315 million. The group recorded a HKD 27 million recovery in loan impairment losses in the first and second stages, while making a HKD 33 million provision for impairment losses on other financial instruments. The significant decrease in impairment losses reflects an improvement in asset quality, supported by the group’s strategic focus on maintaining higher credit quality risk appetite. As of December 31, 2025, the impairment loan ratio, including commercial paper and interbank loans, was 0.74%, with an impairment loan coverage ratio of 81.0%.

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