Bank of China (Hong Kong) (02388) announced that its Hong Kong Dollar prime rate and savings deposit rate will remain unchanged at 5.125% p.a. and 0.125% p.a. respectively.
Under the tiered interest rate structure for Hong Kong Dollar savings accounts, the following rates will apply:
Daily Account Balance (HKD) Interest Rate (p.a.)
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$3,000 or above 0.125%
Below $3,000 0%
The bank said clients with a daily account balance at HK$1 million or above will enjoy an additional bonus rate of 0.01% p.a.
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