Scotiabank increases prime lending rate
October 26 2022 - 3:51PM
PR Newswire (Canada)
TORONTO , Oct.
26, 2022 /CNW/ - Scotiabank announced today
that it is increasing its Canadian dollar prime lending rate to
5.95 per cent from 5.45 per cent, effective October 27,
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 July
31, 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 @Scotiabank.
SOURCE Scotiabank
Copyright 2022 Canada NewsWire
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