First Hawaiian Bank: Hawaii/Guam — August 10, 2004

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August 10, 2004

First Hawaiian Bank Raises Prime Rate

(Honolulu, Hawaii, August 10, 2004) -- First Hawaiian Bank today announced it is raising its prime lending rate from 4.25% to 4.5%, effective today (August 10).

The prime rate is a benchmark for interest rates on many types of loans.

First Hawaiian Bank is a major subsidiary of BancWest Corporation, which has $40.3 billion in assets.