• Fri
  • Aug 29, 2014
  • Updated: 9:21pm

Interbank Lending Market

Web sharing hits raw nerve for officials

The China Securities Regulatory Commission announced on June 21 tighter supervision of market-sensitive information shared using social media platforms, in particular Weibo, the mainland's largest microblogging service.

Monday, 8 July, 2013, 8:45am

Business Digest, December 17, 2012

US prosecutors plan to file charges this week against multiple bankers linked to UBS rigging of Tokyo interbank lending rates.

17 Dec 2012 - 5:30am

Banks under pressure to raise lending rates despite global cut

Hong Kong banks are under increasing pressure to raise the lending rates they charge consumers, even though central banks around the world have cut interest rates to ease the financial crisis and avert a global recession.

11 Oct 2008 - 12:00am

HK interbank rates remain steady

Hong Kong interbank rates remained firm yesterday as upcoming initial public offerings pushed fund demand.

'I think interbank rates will continue to stand at the current high level at least until the end of this month,' said Dennis Wong Wai-hung, a senior manager at Hang Seng Bank.

26 Sep 2007 - 12:00am

Lenders keep watch over softening rates

Hong Kong's interbank rates fell slightly yesterday after retail subscriptions for Fosun International's initial public offering ended, but lenders said rates still would remain high in the near term.

The one-week interbank rate retreated to 4.8 per cent from 5.05 per cent, while the overnight rate, which traded at 4.5 per cent or higher, closed at 3.875 per cent.

6 Jul 2007 - 12:00am

Our economy's efficient use of money keeping lid on interest rates

IT IS QUITE understandable that our banks do not want to match the United States on more interest rate rises. The trend in Hong Kong is down, not up. We have got ourselves into a liquidity mismatch with the US again.

28 Jul 2006 - 12:00am

Composite rate reaches record amid liquidity crunch

Higher interest rate for time deposits in line with US move also leads to increase

The Hong Kong Monetary Authority's composite rate, which reflects the average funding cost of local banks, increased 0.29 percentage point last month to the highest level since it was launched in December 2003.

20 Jun 2006 - 12:00am

Home loan rate increase likely soon

Banks' latest rise for term deposits signals mortgage payments are set to jump

Hong Kong banks yesterday raised the interest rates they offer on term deposits, signalling an imminent follow-up rise in the interest they charge borrowers.

12 Mar 2005 - 12:00am

Property view will be clearer when cheap money goes out the door

HOW UNUSUAL WITH the Hong Kong economy well into recovery for a good deal more than a year that the interest rate you can negotiate with a bank for a new mortgage is still at a record low.

17 Jan 2005 - 12:00am

A rate rise would be in investors' interest

SO PEOPLE ARE WORRIED that interest rates may now rise, are they? Let me stake out my position. Any bank that wants to offer me interest of more than the current derisory 10 cents a year for a $10,000 deposit is welcome to do so.

3 May 2004 - 12:00am

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