BEA raises standards savings rate to 0.875%

Its HK dollar prime rate has been increased to 6.125% per annum.

The Bank of East Asia (BEA) is raising its standard savings rate for HK dollar savings accounts to 0.875% per annum (pa) for deposit balances above HK$5,000.

It has increased from the previous 0.75% pa.

Its HK Dollar prime rate will also be increased from 6% pa to 6.125% pa.