What is the main topic?

The main topic is HSBC's decision to cut its best lending rate in Hong Kong by 12.5 basis points to 5.25%.

Why is HSBC cutting the lending rate?

HSBC is cutting the lending rate following a 25 basis points cut in the central bank's base rate.

When will the new rate be effective?

The new rate of 5.25% will be effective from December 20.

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Home > Finance > HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%

Finance

HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%

Published by Global Banking & Finance Review®

Posted on December 19, 2024

1 min read

Last updated: January 27, 2026

HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%

Quick Summary

HSBC Lowers Hong Kong Lending Rate to 5.25% from 5.375%

Key Takeaways

Frequently Asked Questions about HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%