Macau cuts base rate by 25 basis points, second reduction in six weeks

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Some major Hong Kong lenders, including HSBC, Bank of China (Hong Kong), and Standard Chartered, responded swiftly on Thursday, trimming their prime lending rates by 12.5 basis points.

Macau’s commercial banks are expected to follow suit, maintaining the long-standing monetary alignment between the two economies.

Read more in Macau News Agency