HSBC to raise Hong Kong best lending rate to 5.75%
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FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo
HONG KONG (Reuters) - HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect from Friday, the bank said in a statement on Thursday, following the territory's central bank hiking its base rate by 25 basis points.
(Reporting by Selena Li; Editing by Muralikumar Anantharaman)
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