HSBC Lowers base rate
Malta Independent
Sunday, 10 February 2008, 00:00
Last update: about 20 years ago
HSBC has announced that it is adjusting downwards the bank’s Euro Base Rate by 10 basis points, from 4.1 per cent to four per cent with effect from 1 February.
All HSBC personal lending, mortgage lending and business lending will automatically be adjusted downwards by 10 basis points providing cheaper lending to the bank’s customer base.