, Hong Kong
1210 views
Photo from Shutterstock.

Hang Seng’s HKD prime lending rate remains at 5.25%

Hong Kong dollar savings deposit rates were also unchanged.

Hang Seng Bank announced its Hong Kong dollar prime lending rate remains unchanged at 5.25% per annum (p.a.) on Thursday.

The Hong Kong dollar savings deposit rates also remained unchanged. For account balances below $5,000, the interest rate will be 0% p.a., whilst the other three categories above $5,000 will all get an interest rate of 0.25% p.a..

The bonus interest rate for Hong Kong dollar savings accounts under integrated accounts with a total relationship balance of $1m or above is 0.001% p.a.
 

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Gov’t tightens scaffold net rules after Tai Po fire
Construction sites are monitored; authorities enforce safety regulations strictly.
Land prices exceed 30% in H2 as developers regain appetite: JLL
Developers have regained their appetite for land acquisition and confidence in the residential market.
Residential
Monetary Authority lowers base rate to 4%
The decrease followed a 25-basis point downward adjustment in the US federal funds target.
Economy