RBC Royal Bank increases prime rate
June 07 2023 - 1:32PM
PR Newswire (Canada)
TORONTO, June 7, 2023
/CNW/ - RBC Royal Bank is increasing its prime rate by
25 basis points to 6.95 per cent from 6.70 per cent,
effective June 8, 2023.
About RBC
Royal Bank of Canada is a
global financial institution with a purpose-driven, principles-led
approach to delivering leading performance. Our success comes from
the 98,000+ employees who leverage their imaginations and insights
to bring our vision, values and strategy to life so we can help our
clients thrive and communities prosper. As Canada's biggest bank and one of the largest
in the world, based on market capitalization, we have a diversified
business model with a focus on innovation and providing exceptional
experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
SOURCE RBC Royal Bank
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