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StanChart dangles 10% deposit rate in HK to woo China customers
The Straits Times
|April 20, 2024
HONG KONG Standard Chartered is offering short-term deposit rates of as high as 10 per cent as the lender seeks to attract Chinese customers.
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Select customers that are part of the Wealth Management Connect programme can exchange renminbi for US dollars with funds equivalent to HK$100,000 S$17,390) or more and earn a preferential rate of 10 per cent per annum for a one-month time deposit, according to a statement.
This story is from the April 20, 2024 edition of The Straits Times.
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