BOC Hong Kong (Holdings) Limited (the Group) recorded a 6.3% year-on-year increase in net operating income before impairment allowances to HK$57,179 million in the first nine months of 2025. In the third quarter of 2025, net operating income before impairment allowances amounted to HK$17,157 million, representing a 13.9% drop quarter-on-quarter. Deposits from customers grew 10.2% from the end of 2024 to HK$3,001,306 million, while advances to customers rose 3.1% to HK$1,729,039 million.

Net interest margin narrowed by 8 basis points year-on-year to 1.54% if the funding income or cost of foreign currency swap contracts is included. In the third quarter of 2025, it widened by 1 basis point quarter-on-quarter. The Group’s net fee and commission income advanced by 22.1% year-on-year, driven primarily by improvements in investment and insurance businesses, while third-quarter net fee and commission income declined 3.8% quarter-on-quarter.

Operating expenses increased by 1.9% year-on-year, primarily due to higher staff costs and IT investments, and rose by 2.6% quarter-on-quarter. The net charge of impairment allowances in the first nine months of 2025 increased to HK$5,123 million, with the annualised credit cost of advances to customers and other accounts at 0.40%. In the third quarter, the net charge of impairment allowances declined to HK$1,805 million from HK$2,054 million in the previous quarter.

Total assets stood at HK$4,465,713 million as of 30 September 2025, a 6.5% increase from the end of 2024. The impaired loan ratio remained at 0.96%, below the market average. Liquidity coverage ratio, net stable funding ratio, and capital ratios stayed at robust levels.

According to the announcement, the Hong Kong economy continued its growth momentum with exports and the consumption market showing stability. The Group reinforced its cross-border services in the Greater Bay Area, maintained its leading position in RMB business, and pursued integrated development in Southeast Asia.

A third interim dividend for 2025 has been declared at HK$0.29 per share, payable on 26 November 2025 to shareholders on record as of 20 November 2025. The ex-dividend date is 12 November 2025.