The Hongkong and Shanghai Banking Corporation Limited has announced that its best lending rate remains unchanged at 5.875 per cent. HSBC’s best lending rate was last changed on 28 July 2023, when it was raised by 12.5 basis points.
The HSBC Savings Rate for Hong Kong dollar savings deposits also remains unchanged, as per the table below1:
Account balance (HKD) | Interest rate per annum |
---|---|
150,000 and above | 0.875% |
10,000 - <150,000 | 0.875% |
5,000 - <10,000 | 0.875% |
Below 5,000 | 0% |
HSBC’s bonus interest rate2 for total relationship balances of HKD1 million and above remains at 0.001 per cent.
The Hongkong and Shanghai Banking Corporation Limited
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 60 countries and territories. With assets of US$2,975bn at 30 June 2024, HSBC is one of the world’s largest banking and financial services organisations.
HSBC maintains its best lending rate at 5.875 per cent in Hong Kong (1-page PDF 13KB)