Banks warn HK may not match Fed cut
Story date: 2007-10-28 02:25:00
Added on: 2007-10-28 16:00:20
South China Morning Post - Sunny Cheung Yiu-tong, head of consumer banking at DBS Bank (Hong Kong), said lenders were under pressure to raise mortgage rates because of the high interbank rates. Many banks, particularly the small and medium-sized ones, raised mortgage rates by ...
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