National Bank of Canada decreases its prime rate
January 29 2025 - 2:35PM
PR Newswire (Canada)
MONTREAL, Jan. 29,
2025 /CNW/ - National Bank of Canada announces a decrease in its prime rate
by 25 basis points to 5.20%, effective January 30, 2025.
About National Bank of Canada
With $462 billion in
assets as at October 31, 2024, National Bank of Canada is one of Canada's six systemically important banks. The
Bank has approximately 30,000 employees in knowledge-intensive
positions and operates through three business segments in
Canada: Personal and Commercial
Banking, Wealth Management and Financial Markets. A fourth segment,
U.S. Specialty Finance and International, complements the growth of
its domestic operations. Its securities are listed on the Toronto
Stock Exchange (TSX: NA). Follow the Bank's activities at
nbc.ca or via social media.
SOURCE National Bank of Canada
Copyright 2025 Canada NewsWire
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