Base Lending Rate Lowered at B of H
Good news for loan seekers: On October 9th, the Bank of Hawaii began lowering its base lending rate from 5.0% to 4.5%. While that’s not a huge reduction, it can make a difference to the businesses and individuals suffering from today’s economic meltdown. This is especially true in light of bank closures, the likes of which hit institutions likeBank of Hawaii provides comprehensive financial services to businesses, consumers and governments in Hawaii, the West Pacific and American Samoa.
Photo by Flickr–Creative Commons, by Jenn_Jenn
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