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HK raises red flag on bank risks from high loan-to-value mortgages

Tuesday, April 11, 2017 - 05:50

Hong Kong

HONG KONG'S de facto central bank expressed concern about the riskiness of mortgages with high loan-to-value (LTV) ratios issued by the territory's property developers, and said it may ask banks to take additional steps to manage their exposure to the sector.


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