HONG KONG, June 15 HSBC Holdings Plc
will maintain its best lending rate at 5 percent in
Hong Kong, the bank said on Thursday, after the territory's
defacto central bank raised its discount window base rate.
The Hong Kong Monetary Authority earlier raised the base
rate charged through its overnight discount window by 25 basis
points to 1.50 percent, following a similar move by the U.S.
HSBC's best lending rate in Hong Kong was last changed on
Nov 10, 2008, when it was lowered by 25 basis points, the bank
said in a statement, adding it would also not change its savings
rate for Hong Kong dollar savings deposits.
(Reporting by Donny Kwok; Editing by Clarence Fernandez)