, Hong Kong
Photo courtesy of Bernard Spragg (Wikimedia Commons)

Bank of China Hong Kong raises prime rate to 5.125% per annum

The bank also adjusted its HKD savings deposit rate to 0.125% pa.

Bank of China (Hong Kong) has raised its Hong Kong dollar prime rate to 5.125% per annum (pa) from 5% pa previously.

BOCHK is also adjusting its HKD savings deposit rate to 0.125% pa from 0.001% pa.

Meanwhile, savings accounts with a daily account balance of HK$1m  or above will  enjoy an additional bonus rate of 0.001% p.a. 

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