Best Lending Rate definition

Best Lending Rate means the Hong Kong Dollar Best Lending Rate as
Best Lending Rate means the Hong Kong Dollar Best Lending Rate as quoted by The Hongkong and Shanghai Banking Corporation Limited from time to time.
Best Lending Rate or "BLR" means a rate to be determined by the Bank from time to time and published at www . hsbc . com . hk or is available upon request . For drawings in USD Interest will continue to be charged at London Interbank Offered Rate (LIBOR) + 4% p.

Examples of Best Lending Rate in a sentence

  • The interest rate shall be at a rate equivalent to 3% above the prime rate as HSBC's Current Hong Kong Dollar Best Lending Rate.

  • Interest Rate For bills in foreign currencies, at 0.5% p.a. below Best Lending Rate of that foreign currency as determined by us from time to time.

  • Such interest shall be at such rate of 5% per annum above the HSBC’s Hong Kong Dollar Best Lending Rate and shall be payable on the last Business Day of each calendar month or upon demand by Wing ▇▇▇▇.

  • For bills in Hong Kong Dollars, at 0.5% p.a. below Hong Kong Dollar Best Lending Rate as determined by us from time to time or 3% p.a. over Hong Kong Inter Bank Offered Rate (HIBOR), whichever is higher.

  • The Client shall pay interest on debit balance in the Margin Trading Account and on sums outstanding at such rate of 5% per annum above the HSBC’s Hong Kong Dollar Best Lending Rate for the time being in force calculated on a daily simple basis from the date of such advance up to and including the date of repayment in full.


More Definitions of Best Lending Rate

Best Lending Rate or “BLR” means a rate to be determined by the Bank from time to time and published at www.hsbc.com.hk or is available upon request.
Best Lending Rate or “BLR” means a rate to be determined by the Bank from time to time and is available upon request.
Best Lending Rate or "BLR" means a rate to be determined by the Bank from time to time and published at ▇▇▇.▇▇▇▇.▇▇▇.▇▇ or is available upon request. For drawings in USD Interest will continue to be charged at London Interbank Offered Rate (LIBOR) + 4% p. a. For details of benchmark interest rates, please refer to the attached Appendix. 0.25% 0.125% a. For details of benchmark interest rates, please refer to the attached Appendix. If any crediting interest rate or similar amount is payable under the Policy, you should note that such crediting interest rate may not be enough to cover interest payable by you to the Bank under the Facility Letter . You should also note that in case of cancellation ofthe Policy, the above interest is still payable by you to the Bank during the cooling - off period for the cancellation of the Policy .
Best Lending Rate or "BLR" means a rate to be determined by the Bank from time to time and published at ▇▇▇.▇▇▇▇.▇▇▇.▇▇ or is available upon request. 0.25% 0 . 125%