Explanation

• Prime lending rate is used as the basis for determining the interest rate charged by the Bank to the Customer.
• Prime lending rate has not taken into account the component of estimated risk premium which will depend on the Bank's risk assessment of each debtor or group of debtors. Accordingly, the amount of lending rates charged to borrowers will not necessarily be equal to the prime lending rate.
• Non-mortgage consumer loan does not include lending through credit cards and unsecured loans.