Thursday, September 29, 2022
HomeEconomyHSBC raises prime lending rate to 5.125% after Hong Kong rate hike

HSBC raises prime lending rate to 5.125% after Hong Kong rate hike

HSBC Bank
-3.%

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HONG KONG (Reuters) – HSBC Holdings (NYSE: 25 HSBC

) said on Thursday that it raised its prime lending rate in Hong Kong by

.5 basis points to 5. % Effective September at the city’s central bank through its overnight discount window 23 basis points.

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