The last time HSBC increased its best lending rate was March 30, 2006, when it increased it by 25 basis points from 7.75 per cent to 8 per cent. Photo: SCMP

Is banks’ deposits race the first sign of Hong Kong’s property bubble bursting?

Analysts suggest zero rates for smaller depositors could soon become a thing of the past and overall lending amounts could rise in June for the first time in 12 years

Topic |   Banking & Finance

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The last time HSBC increased its best lending rate was March 30, 2006, when it increased it by 25 basis points from 7.75 per cent to 8 per cent. Photo: SCMP
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