April 30, 2008
FIRST HAWAIIAN BANK LOWERS PRIME RATE
(Honolulu, Hawaii April 30, 2008) - First Hawaiian Bank announced that it will lower its prime lending rate from 5.25% to 5.00%, effective tomorrow. The prime rate is a benchmark for interest rates on many types of loans.
Hawaiian Bank, Hawaii's oldest and largest bank, has total assets of $13 billion and 63 branches in Hawaii, Guam and Saipan.
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