National Bank increases its Canadian prime rate

Canada NewsWire

MONTREAL , July 12, 2023 /CNW/ - National Bank announces an increase in its Canadian prime rate by 25 basis points to 7.20%, effective July 13, 2023 .

With $418 billion in assets as at April 30, 2023, National Bank of Canada , together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has approximately 30,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook , LinkedIn and Twitter .

SOURCE National Bank of Canada

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