HONG KONG : HSBC Holdings said on Thursday it will cut its best lending rate in Hong Kong by 12.5 basis points to 5.25 per cent from 5.375 per cent, effective Dec. 20.That followed a 25 basis points cut in the base rate charged through the overnight discount window of the city's de facto central bank.

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HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%

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HSBC (00005) announced that starting from December 20 (Friday), the Hong Kong dollar prime rate will be reduced by 0.125%, from 5.375% per annum to 5.25%, marking the third rate cut this year. Prior to this, HSBC had already cut interest rates by 25 basis points in September and November. During the same period, the Hong Kong dollar savings deposit rate was also reduced by 12.5 basis points.

滙豐銀行（00005）宣布，自12月20日（周五）起，港元最優惠利率下調0.125厘，年利率由5.375厘降至5.25厘，為今年第三次減息。此前，滙豐已於9月及11月各減息25點子。同期，港元儲蓄存款利率亦同步下調12.5點子。

滙豐、中銀香港下調最優惠利率0.125厘 | 減息

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Falun Gong

HSBC and Bank of China (Hong Kong) lowered their prime rates by 0.125%

The Bangko Sentral ng Pilipinas delivers a 25-basis point rate cut at the final policy meeting of the Monetary Board for 2024, reducing the key rate to 5.75 percent. At a press conference, BSP Governor Eli Remolona Jr. said inflation is Still expected to stay within the 2 to 4 percent target range of the

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BSP closes 2024 with third rate cut

Former Bangko Sentral deputy governor Diwa Guinigundo said he is expecting a third 25 basis-point rate cut from the Philippine central bank.

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Another 25 bps rate cut seen in last BSP meeting of 2024

THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by...

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Hong Kong central bank cuts interest rate, tracking US Fed move

HONG KONG (Reuters) – HSBC Holdings said on Thursday it will cut its best lending rate in Hong Kong by 12.5 basis points to 5.25% from 5.375%, effective Dec. 20. That followed a 25 basis points cut in the base rate charged through the overnight discount window of the city’s de facto central bank. (Reporting […]

Global Banking & Finance Review

The US Federal Reserve announced the results of the interest rate decision in the early hours of Thursday (19th) Hong Kong time. As expected by the market, the interest rate was cut by 0.25%, which is the third interest rate cut since the interest rate cut started in September this year. Hong Kong banks announced at noon that they would adjust the Hong Kong dollar prime rate (Prime Rate). Hong Kong bank interest rate cut situation HSBC HSBC anno…

美國聯儲局於本港時間周四（19日）凌晨公佈議息結果，一如市場預期減息0.25厘，是今年9月啟動減息以來，第三度減息。本港銀行中午宣佈調整港元最優惠利率(Prime Rate)。 香港銀行減息情況 滙豐銀行 滙豐銀行宣佈，下調港元最優惠利率0.125厘，P息由年利率5.375厘，調整至5.25厘；12月20日（星期五）生效。同時，滙豐給予港元儲蓄存款戶口的利率，亦調低0.125厘。 中銀香港 中銀香

港銀減息｜滙豐中銀P息減0.125厘 供樓族喜訊 借100萬每月可慳多少？

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Hong Kong banks cut interest rates | HSBC and Bank of China cut P interest rates by 0.125%. Good news for homebuyers. How much can you save per month if you borrow HK$1 million?

HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%

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