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HKMA: Bank's October comprehensive interest rate rose to 1.04%

2019-11-19T17:00:42.193Z


The HKMA announced that the comprehensive interest rate reflecting the average cost of funds of the bank was 1.04% at the end of October, up 2 basis points from 1.02% at the end of September. The HKMA said that the comprehensive interest rate rose, reflecting the increase in the weighted capital cost of deposits during the month.


Financial News

Written by: Huang Youhua

2019-11-19 20:45

Last updated date: 2019-11-19 20:45

The HKMA announced that the comprehensive interest rate reflecting the average cost of funds of the bank was 1.04% at the end of October, up 2 basis points from 1.02% at the end of September.

The HKMA said that the comprehensive interest rate rose, reflecting the increase in the weighted capital cost of deposits during the month.

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Source: hk1

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