Bank of China (Hong Kong) said it will from Sept. 16 apply verified mainland personal cross-border credit reports in credit approvals for mortgages, personal loans and credit cards. The bank said the reports will be used to assess repayment capacity, streamline approvals and could enable better lending terms for mainland residents working or living in Hong Kong. The move follows an Oct. 2025 decision by the Hong Kong Monetary Authority and the People's Bank of China (PBOC) to regularize cross-bo

Bank of China (Hong Kong) said it will from Sept. 16 apply verified mainland personal cross-border credit reports in credit approvals for mortgages, personal loans and credit cards. The bank said the reports will be used to assess repayment capacity, streamline approvals and could enable better lending terms for mainland residents working or living in Hong Kong. The move follows an Oct. 2025 decision by the Hong Kong Monetary Authority and the People's Bank of China (PBOC) to regularize cross-border credit reporting; BOC Hong Kong is the first in-market bank to announce implementation.