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BEA To Reduce HKD Prime Rate by 25bps
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BANK OF E ASIA (00023.HK) announced a reduction in interest rates. The interest rate for standard HKD savings deposits with a balance of more than $5,000 will be reduced from the current 0.875% to 0.625%, and the HKD prime rate will be reduced from the current 6.125% to 5.875%, effective September 20. AAStocks Financial News |
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