Scotiabank Increases Prime Lending Rate

TORONTO, July 20 /CNW/ - Scotiabank today announced an increase of one quarter of one per cent in its Canadian dollar prime lending rate. The new rate is 2.75 per cent, effective Wednesday, July 21, 2010.

For further information: Joe Konecny at (416) 933-1795, or joe_konecny@scotiacapital.com