CIBC raises prime lending rate
25 Janeiro 2023 - 04:57PM
PR Newswire (Canada)
TORONTO, Jan. 25,
2023 /CNW/ - CIBC (TSX: CM) (NYSE: CM)
today announced that it is raising its Canadian prime lending
rate by 25 basis points from 6.45 per cent to 6.70 per cent,
effective Thursday, January 26,
2023.
About CIBC
CIBC is a leading North American financial institution with 13
million personal banking, business, public sector and institutional
clients. Across Personal and Business Banking, Commercial Banking
and Wealth Management, and Capital Markets businesses, CIBC offers
a full range of advice, solutions and services through its leading
digital banking network and locations across Canada, with offices in the United States and around the world.
Ongoing news releases and more information about CIBC can be found
at www.cibc.com/en/about-cibc/media-centre.html
SOURCE CIBC
Copyright 2023 Canada NewsWire
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