Scotiabank reduces prime lending rate

    TORONTO, Jan. 22 /CNW/ - Scotiabank today announced a decrease of one
quarter of one per cent in its Canadian dollar prime lending rate. The new
rate is 5.75 per cent, effective January 23, 2008.




For further information:
For further information: Ann DeRabbie, Scotiabank Public Affairs, (416)
933-1344