Lending & Credit
BEA launches First-year Effective Rate P3.28%
BEA launches First-year Effective Rate P3.28%
The Bank of East Asia (BEA) has launched a new mortgage plan offering a first-year mortgage rate of P3.28 percent (prime rate) for Emerald Green...
HSBC halts prime rate cutback
HSBC will maintain its Hong Kong benchmark lending rate at 5 percent per annum last changed on 10 November 2008.
Chinese banks binging on debt to boost capital
Desperate times call for desperate measures and times couldn’t be more desperate than they are now in the Chinese banking sector with economic growth...
Commentary
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