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Hang Seng Reduces HKD Prime Rate and Savings Rate
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HANG SENG BANK (00011.HK) will reduce its Hong Kong dollar prime lending rate by 25 bps from 5.625% p.a. to 5.375% p.a. The Bank’s Hong Kong dollar savings deposit rates for an account balance of $5,000 or above will also be reduced from 0.625% p.a. to 0.375% p.a. These changes will take effect next Monday. AAStocks Financial News |
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