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HSBC maintains its best leading rate 5pc in HK

The Hongkong and Shanghai Banking Corporation Limited announced yesterday that it will not change its best lending rate, which is currently at 5 percent. HSBC’s best lending rate was last changed on 10 November 2008, when it was lowered by 25 basis points.

HSBC will also not change the HSBC Savings Rate for its Hong Kong dollar savings deposits.

HSBC’s bonus interest rate for total relationship balances of HKD1 million and above remains at 0.001 percent.