Bank Lending Rate in Hong Kong remained unchanged at 5 percent in August from 5 percent in July of 2022. source: Hong Kong Monetary Authority

Bank Lending Rate in Hong Kong averaged 7.57 percent from 1980 until 2022, reaching an all time high of 19.61 percent in October of 1981 and a record low of 5 percent in February of 1987. This page provides - Hong Kong Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Prime Lending Rate - values, historical data and charts - was last updated on October of 2022.

Bank Lending Rate in Hong Kong is expected to be 5.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Prime Lending Rate is projected to trend around 6.50 percent in 2023 and 6.25 percent in 2024, according to our econometric models.

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Hong Kong Prime Lending Rate

Related Last Previous Unit Reference
Personal Savings 0.00 0.00 percent Aug 2022
Bank Lending Rate 5.00 5.00 percent Aug 2022

Hong Kong Prime Lending Rate
In Hong Kong, the prime lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 19.61 5.00 1980 - 2022 percent Monthly