National Bank increases its Canadian prime rate

MONTREAL, Oct. 26, 2022 /CNW/ - National Bank announces an increase in its Canadian prime rate by 50 basis points to 5.95%, effective October 27, 2022.

About National Bank of Canada
With $387 billion in assets as at July 31, 2022, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 28,000 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

Marie-Pierre Jodoin, Senior Manager - Public Affairs and Corporate Social Responsibility, National Bank of Canada, Tel.: [phone], [email protected]