Big U.S. banks said on Wednesday they were raising their base lending rates by a quarter of a percentage point each, hours after the U.S. Federal Reserve increased its benchmark interest rate in a ...

These large banks dropped base lending rates from 4.25% to 3.25% in March 2020 as the Fed dropped the federal funds rate to zero amid the onset of the COVID-19 pandemic — the last time that happened ...

Citigroup Inc and Wells Fargo & Co said on Wednesday they were raising their base lending rates, hours after the U.S. Federal Reserve increased its benchmark interest rate by a quarter of a ...

Malayan Banking Bhd (Maybank) will will reduce its base rate (BR) and base lending rate (BLR) by 25 basis points effective ...

NEW YORK--(BUSINESS WIRE)--Citibank, N.A. said today it has raised its base lending rate to 4.75% from 4.00%, effective tomorrow, Thursday, June 16, 2022.Citi, the leading global bank, has ...

AMMB Holdings Bhd (AmBank) will lower its Standardised Base Rate (SBR), Base Lending Rate/Base Financing Rate (BLR/BFR) and ...

Prime is the Fed's base rate for consumer loans, to which banks add a margin. When banks lend to each other, they use the discount rate.

The Government’s plan to tie the base lending rate charged by Bermuda’s banks to the US prime rate will not necessarily mean cheaper loans for borrowers, financial experts warned yesterday.

Smaller Indian banks have set their base lending rate between 7-8 percent on Wednesday after India's largest lender State Bank of India <SBI.BO> set its base rate for loans at 7.5 percent a day ...

Clarien Bank has become the second island-based financial institution to increase its Bermuda dollar base lending rate by 50 basis points, or 0.50 per cent, following the US Federal Reserve rate ...