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Grey Line Red Arrow Interest rates remain unchanged
21 Jun 2012

Bank of China (Hong Kong) Limited announces that its Hong Kong Dollar prime rate and savings deposit rate will remain unchanged at 5.00% p.a. and 0.01% p.a. respectively. Under the tiered interest rate structure for Hong Kong Dollar savings accounts, the following rates will apply:

Daily Account Balance (HKD)

Interest Rate (p.a.)

Below $3,000

0.00%

$3,000 to $9,999

0.01%

 $10,000 to $149,999

0.01%

$150,000 or above

0.01%

Bonus Scheme: Daily Account Balance at HKD500,000 or above will enjoy an additional bonus rate of 0.01% p.a.

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About Bank of China (Hong Kong) Limited

Bank of China (Hong Kong) Limited ("BOCHK"), established on 1 October 2001, is a leading listed commercial banking group in Hong Kong. With over 260 branches, more than 570 ATMs and other distribution channels in Hong Kong, BOCHK and its subsidiaries offer a comprehensive range of financial products and services to personal and corporate customers. BOCHK is one of the three note issuing banks in Hong Kong. In addition, the BOCHK Group (comprising BOCHK, Nanyang Commercial Bank and Chiyu Banking Corporation) and its subsidiaries have 31 branches and sub-branches in the Mainland of China to provide cross-border banking services to customers in Hong Kong and the Mainland. BOCHK is appointed by the People's Bank of China as the Clearing Bank for Renminbi business in Hong Kong. On 13 July 2010, BOCHK was authorised as the Clearing Bank of RMB banknotes business for the Taiwan region.

BOC Hong Kong (Holdings) Limited, BOCHK's holding company, began trading on the main board of the Stock Exchange of Hong Kong on 25 July 2002, with stock code "2388", ADR OTC Symbol "BHKLY".


 

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