HKMA Seeks Bank Feedback on Lower Lending Rate Caps

Proposed amendments would lower the interest rate cap from 60 to 48 percent p.a., and the so-called 'extortionate' rate from 48 to 36 percent p.a.

To continue reading...


Get access today

Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia.

FREE TRIAL

Already taken your free trial? Get in touch with our team and enquire about a subscription today. Select subscribe below to view our subscription packages or you can email us at [email protected] to discuss your options.

Subscribe

To Top
Share via
Copy link
Powered by Social Snap