March 22, 2005
FIRST HAWAIIAN BANK RAISES PRIME RATE
(Honolulu, Hawaii, March 22, 2005) -- First Hawaiian Bank today announced it is raising its prime lending rate from 5.5 % to 5.75%, effective tomorrow (March 23).
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 $50.1 billion in assets.
