Bank of China Hong Kong raises prime rate to 5.75%
04/05/2023 08:47
HONG KONG, May 4 (Reuters) - Bank of China Hong Kong
2388.HK has raised its best lending rate in Hong Kong to
5.75%, from 5.625%, it said on Thursday.
It followed market leader HSBC 0005.HK , which announced a
prime rate hike to 5.75% earlier in the day.
(Reporting by Selena Li; Editing by Susan Fenton)
((Selena.Li@thomsonreuters.com; +852 39525868;))
Recent news on Boc Hong Kong Holdings
See all newsBOC Hong Kong H1 profit rises 7.1%, aided by growth in CASA deposits
Brief: BOC Hong Kong Holdings Posts H1 Net Income Attributable HKD 23,739 Million
Brief: BOC Hong Kong Logs FY Net Income Attributable HKD 40,121 Mln
Hong Kong cuts interest rate but major banks keep lending rates steady (updated)
Brief: BOC Hong Kong Posts 9M Operating Profit Before Impairment Allowances Of HK$44,570 Million