May 3, 2005
FIRST HAWAIIAN BANK RAISES PRIME RATE
(Honolulu, HI, May 3, 2005) -- First Hawaiian Bank today announced that it is raising its prime lending rate from 5.75% to 6.0%, effective tomorrow (May 4).
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 $51.4 billion in assets.
