[ET Net News Agency, 9 November 2018] The Hongkong and Shanghai Banking Corporation
Limited, a unit of HSBC Holdings (00005), has announced that it will not change its best
lending rate, which is currently at 5.125 percent. HSBC's best lending rate was last
changed on 28 September 2018, when it was raised 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 0.125%
10,000 - <150,000 0.125%
5,000 - <10,000 0.125%
Below 5,000 0%
HSBC said its bonus interest rate for total relationship balances of HKD1 million and
above remains at 0.001 percent. (KL)