What is Hong Kong prime Lending Rate?


Actual Previous Dates
5.00 5.00 1980 – 2022

What is best lending rate?

HSBC’s current U.S. dollar best lending rate: 4.00% (for reference only).

  • 16 Jun 2022. 4.00%
  • 5 May 2022. 3.25%
  • 17 Mar 2022. 2.75%
  • 16 Mar 2020. 2.50%
  • 4 Mar 2020. 3.50%

What is HSBC Prime Rate?

HSBC Prime Rate | HSBC’s Current Prime Rate is 3.7%.

What is DBS prime rate?

This is based on the DBS Prime Rate which is currently at 4.25% per annum.

What is the HSBC prime rate?

What is Bank prime rate?

Prime rate is the interest rate that banks charge their preferred customers, or those with the highest credit ratings. It is used to determine borrowing costs on many short-term loan products.

Why are HSBC rates so low?

The bank has moved to an everyday low pricing model that maximizes transparency and savings, in an effort to accumulate customers’ non-mortgage assets. When comparing HSBC competitive advertised rates to the Big 6 banks, remember that the best big bank mortgage rates are usually discretionary rates.

What is Singapore bank lending rate?


Related Last Reference
Bank Lending Rate 5.25 Jun 2021

Is HSBC an a lender?

Security: Like Canada’s Big Six banks, HSBC is a reputable lender, both in Canada and worldwide.

What’s prime rate today?

What is the prime rate today? The current prime rate among major U.S. banks is 4.75%.

What is the prime lending rate for 2021?

The average credit card interest rate as of August 2021 is 14.54%, of which the Prime Rate is 3.25% and the credit spread is 11.29%.

What is current bank lending rate?

The prime rate is one of the main factors banks use to determine interest rates on loans. The prime rate today is 4.75%….The 10 Most Recent Prime Rate Changes.

Effective Date Prime Rate
3/16/20 3.25%
3/4/20 4.25%
10/31/19 4.75%
9/19/19 5.00%

What are the interest rates today?

Current mortgage and refinance rates

Product Interest rate APR
30-year fixed-rate 5.680% 5.781%
20-year fixed-rate 5.216% 5.316%
15-year fixed-rate 4.681% 4.868%
10-year fixed-rate 4.574% 4.782%

What is the best lending rate for Hong Kong dollar?

HSBC’s Current Hong Kong Dollar Best Lending Rate: 5.125% (for reference only) Last 5 best lending rate change records for reference only: Remark: Best Lending Rate (BLR) refers to the Hong Kong Dollar Best Lending Rate quoted by The Hongkong and Shanghai Banking Corporation Limited from time to time.

What are bank loans in Hong Kong?

Bank loans are loans provided by banks, and there are various types of bank loans available in Hong Kong, including person installment loans, balance transfer plans and revolving loans for different debt management purposes.

What is the current interest rate in Hong Kong?

Hong Kong Prime Lending Rate Bank Lending Rate in Hong Kong remained unchanged at 5.13 percent in September from 5.13 percent in August of 2019. Bank Lending Rate in Hong Kong averaged 7.76 percent from 1980 until 2019, reaching an all time high of 19.61 percent in October of 1981 and a record low of 5 percent in February of 1987.

When will Hong Kong prime lending rate be Last updated?

Hong Kong Prime Lending Rate – values, historical data and charts – was last updated on December of 2021. Bank Lending Rate in Hong Kong is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.