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Dah Sing Bank To Reduce Prime Rate by 25 Bps
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Dah Sing Bank announced that it will lower its prime rate by 25 bps, effective September 23 (next Monday). If the US rate-cutting cycle begins, there should be room for a corresponding reduction in Hong Kong's loan interest rates, but it will take time to gradually reflect, Dah Sing Bank said. The Bank suggested that people who need to borrow money should keep abreast of interest rate movements, pay attention to the different loan products on the market, and flexibly consider different options according to their individual needs. AAStocks Financial News |
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