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00005 HSBC HOLDINGS
RTNominal down61.400 -1.250 (-1.995%)
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11/06/2020 12:12

HSBC (00005) keeps HK best lending rate steady at 5%

[ET Net News Agency, 11 June 2020] The Hongkong and Shanghai Banking Corporation
Limited, a unit of HSBC Holdings (00005), announced that it will not change its best
lending rate, which is currently at 5%. HSBC's best lending rate was last changed on 1
November 2019, when it was cut by 12.5 basis points.
HSBC will also not change the HSBC Savings Rate for its Hong Kong dollar savings
deposits.
Account balance (HKD) Interest rate per annum
-------------------------------------------------
150,000 and above 0.001%
10,000 - <150,000 0.001%
5,000 - <10,000 0.001%
Below 5,000 0%

HSBC's bonus interest rate for total relationship balances of HK$1 million and above
remains at 0.001%. (KL)

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