Scotiabank increases prime lending rate
14 July 2022 - 5:44AM
PR Newswire (Canada)
TORONTO, July 13,
2022 /CNW/ - Scotiabank announced today that it is
increasing its Canadian dollar prime lending rate to 4.70 per cent
from 3.70 per cent, effective July 14, 2022.
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future," we help our customers, 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 a team of over 90,000
employees and assets of approximately $1.3 trillion (as at April 30, 2022),
Scotiabank trades on the Toronto Stock Exchange (TSX:
BNS) and New York Stock Exchange (NYSE: BNS). For more information,
please visit http://www.scotiabank.com and follow us on
Twitter @ScotiabankViews.
SOURCE Scotiabank
Copyright 2022 Canada NewsWire
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