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ICBC (Asia) Adjusts its HKD Prime Rate and Saving Deposit Rate
16 December 2022, Hong Kong – Industrial and Commercial Bank of China (Asia) Limited (“ICBC (Asia)” or the “Bank”) announced that after reviewing the macroeconomic environment and market conditions, the Bank will adjust its HKD prime rate by 0.25% p.a. from 5.625% p.a. to 5.875% p.a., and its HKD savings deposit rate from 0.375% p.a. to 0.625% p.a. for an account balance of HK$5,000 or above. The above adjustments will take effect on 19 Decemeber 2022 (Monday).