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Conversely, the average interest rate of domestic RMB assets declined, due to a lower loan prime rate (LPR). The average interest rate of the Group's interest-bearing liabilities increased by 47 basis points, primarily because rising foreign currency interest rates pushed up the interest rates ...
Awards to ICBC in 2011 I. Overseas Awards
Adjustment on MOP/HKD/USD Prime Rate and Savings Interest Rate With effective from 23 December 2024, our Macau Dollar/Hong Kong Dollar/ United States Dollar’s Prime Rate and Savings Interest Rate will have adjustment. To know more…
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This was mainly due to a decrease in asset yields caused by cuts to both the loan prime rate (LPR) and US dollar interest rates. The Bank continuously optimised its assets and liabilities structure. It strengthened control over debt costs and actively reduced high-cost deposits, with the ...
Adjustment on MOP/HKD/USD Prime Rate and Savings Interest Rate With effective from 23 December 2024, our Macau Dollar/Hong Kong Dollar/ United States Dollar’s Prime Rate and Savings Interest Rate will have adjustment. To know more…