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First Hawaiian Bank Raises Prime Rate

(Honolulu, Hawaii, November 10, 2004) – First Hawaiian Bank today announced it is raising its prime lending rate from 4.75 % to 5.0%, effective today (November 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 $41.4 billion in assets.

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