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HANG SENG BANK Reduces HKD Prime Lending Rate to 5.125%
2025-09-18 18:15:43 HANG SENG BANK (00011.HK) will reduce its HKD prime lending rate by 12.5 bps from 5.25% p.a. to 5.125% p.a.. In light of the recent rate cut decision by the US Fed as well as local economic conditions and trends, HANG SENG BANK will lower its HKD prime lending rate effective tomorrow (19 Sep), and will continue to monitor market developments closely and assess its position as needs be, Diana Cesar, Executive Director and Chief Executive of HANG SENG BANK, said. HANG SENG BANK's HKD savings deposit rates for an account balance of $5,000 or above will also be reduced from 0.25% p.a. to 0.125% p.a.. ~ AASTOCKS Financial News Website: www.aastocks.com | |