National Bank increases its Canadian prime rate

MONTREAL, June 7, 2023 /CNW/ - National Bank announces an increase in its Canadian prime rate by 25 basis points to 6.95%, effective June 8, 2023.

About National Bank of Canada

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

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