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BEA To Reduce HKD Prime Rate to 5.5% Next Mon
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BANK OF E ASIA (00023.HK) announced a reduction in interest rates. It Standard Savings Rate for HK Dollar Savings Accounts with a balance of $5,000 or above will be reduced from the current 0.375% to 0.25%, and the HK Dollar Prime Rate will be reduced from the current 5.625% to 5.5%, effective Monday, December 23.

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