September 20, 2005
First Hawaiian Bank Raises Prime Rate
(Honolulu, Hawaii, September 20, 2005) – First Hawaiian Bank today announced it is raising its prime lending rate from 6.5 % to 6.75%, effective today (September 20).
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 $52.5 billion in assets.
