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StanChart raises HK dollar deposit rates

Business | May 15, 2019 20:25
<p>Standard Chartered Hong Kong has&nbsp;increase the Hong Kong dollar fixed deposit rate to 1.7 percent, 1.8 percent and 1.9 percent for the three-, six- and 12&nbsp;month&nbsp;deposits.</p><p>For deposits of&nbsp;HK$1 million or more, the &nbsp;rate for the three-, six- and 12&nbsp;months is 1.8 percent, 1.85 percent and 1.95 percent, respectively.</p><p>New customers of &quot;Priority Banking&quot; who deposit HK$1 million or more for&nbsp;three&nbsp;or six-months will get a&nbsp;rate of 1.9 percent and 2 percent, respectively. Meanwhile, CMB Wing Lung Bank also raised the one- and six-month&nbsp;Hong Kong dollar fixed deposit interest rates, to 0.95 percent and 1.6 percent, respectively for deposits not less than HK$10,000.</p>


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