Scotiabank decreases prime lending rate
30 January 2025 - 8:45AM
PR Newswire (Canada)
TORONTO, Jan. 29,
2025 /CNW/ - Scotiabank announced today that it is
decreasing its Canadian dollar prime lending rate to 5.20 per cent
from 5.45 per cent, effective January 30,
2025.
About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial
partner and deliver sustainable, profitable growth. Guided by our
purpose: "for every future," we help our clients, their families
and their communities achieve success through a broad range of
advice, products and services, including personal and commercial
banking, wealth management and private banking, corporate and
investment banking, and capital markets. With assets of
approximately $1.4 trillion (as at
October 31, 2024), Scotiabank is one
of the largest banks in North
America by assets, and trades on the Toronto Stock Exchange
(TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more
information, please visit www.scotiabank.com and follow us on X
@Scotiabank.
SOURCE Scotiabank
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