Advertisement
Advertisement
Wing Hang Bank
Get more with myNEWS
A personalised news feed of stories that matter to you
Learn more

Wing Hang in CD issue

WING Hang Bank has concluded its first syndicated certificate of deposit issue, with $250 million of floating rate negotiable CDs maturing March 22, 1996.

The CDs bear a floating annual interest rate of HIBOR (the Hongkong interbank offered rate) plus 60 basis points, payable quarterly in arrears.

Post