Hong Kong bank lending rate


Hong Kong bank lending rate closed down 5.88 as of June 30, 2024 from 5.88 from the previous day, 5.88 last week and 5.63 last month.

Hong Kong bank lending rate Analytics & Data




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Hong Kong bank lending rate closing prices of the last 60 days are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Hong Kong bank lending rate Historical Data

DateClose
2024-06-30 5.88
2024-05-31 5.88
2024-04-30 5.88
2024-03-31 5.88
2024-02-29 5.88
2024-01-31 5.88
2023-12-31 5.88
2023-11-30 5.88
2023-10-31 5.88
2023-09-30 5.88
2023-08-31 5.88
2023-07-31 5.77
2023-06-30 5.75
2023-05-31 5.73
2023-05-31 5.73
2023-05-31 5.73
2023-04-30 5.63
2023-03-31 5.63
2023-02-28 5.63
2023-01-31 5.63
2022-12-31 5.63
2022-11-30 5.35
2022-10-31 5.13
2022-09-30 5.03
2022-08-31 5
2022-07-31 5
2022-06-30 5
2022-05-31 5
2022-04-30 5
2022-03-31 5
2022-02-28 5
2022-01-31 5
2021-12-31 5
2021-11-30 5
2021-10-31 5
2021-09-30 5
2021-08-31 5
2021-07-31 5
2021-06-30 5
2021-05-31 5
2021-04-30 5
2021-03-31 5
2021-02-28 5
2021-01-31 5
2020-12-31 5
2020-11-30 5
2020-10-31 5
2020-09-30 5
2020-08-31 5
2020-07-31 5
2020-06-30 5
2020-05-31 5
2020-04-30 5
2020-03-31 5
2020-02-29 5
2020-01-31 5
2019-12-31 5
2019-11-30 5
2019-10-31 5.13
2019-09-30 5.13

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Hong Kong bank lending rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Hong Kong bank lending ratehk.banks.lendingrate0000

Hong Kong bank lending rate Factors

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Hong Kong bank lending rate Historical Data

The MacroVar database offers free access to historical data for the Hong Kong bank lending rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hong Kong bank lending rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong bank lending rate

The Hong Kong bank lending rate refers to the interest rate at which banks in Hong Kong lend money to borrowers. This rate is set by individual banks and can vary depending on factors such as the borrower's creditworthiness, prevailing market conditions, and the bank's own lending policies. The Hong Kong bank lending rate plays a crucial role in determining the cost of borrowing for individuals and businesses in Hong Kong, and can have a significant impact on overall economic activity in the region. A lower lending rate can stimulate borrowing and investment, while a higher rate may discourage borrowing and slow down economic growth. Overall, the Hong Kong bank lending rate is an important indicator of the health of the economy and the availability of credit in the market.