Lending & Credit

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.

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...