Bank Lending Rate in Hong Kong remained unchanged at 5 percent in August from 5 percent in July of 2020.

Bank Lending Rate in Hong Kong averaged 7.69 percent from 1980 until 2020, 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 September of 2020. source: Hong Kong Monetary Authority

Bank Lending Rate in Hong Kong is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Hong Kong to stand at 5.00 in 12 months time. In the long-term, the Hong Kong Prime Lending Rate is projected to trend around 5.00 percent in 2021, according to our econometric models.

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Hong Kong Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 19.61 5.00 1980 - 2020 percent Monthly

Hong Kong Consumer Last Previous Highest Lowest Unit
Consumer Confidence 75.00 76.00 118.00 70.00 points [+]
Retail Sales YoY -23.90 -25.30 30.60 -46.70 percent [+]
Consumer Spending 423107.00 428786.00 502642.00 41767.00 HKD Million [+]
Personal Savings 0.00 0.00 13.21 0.00 percent [+]
Bank Lending Rate 5.00 5.00 19.61 5.00 percent [+]
Retail Sales Mom -0.50 -0.90 29.40 -41.30 percent [+]
Households Debt To GDP 82.70 80.70 82.70 34.50 percent of GDP [+]
Gasoline Prices 1.92 2.11 2.20 1.59 USD/Liter [+]


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.