Scotiabank increases prime lending rate

TORONTO, July 12, 2017 /CNW/ - Scotiabank today announced that it is increasing its Canadian dollar prime lending rate from 2.70 per cent to 2.95 per cent, effective July 13, 2017.

Scotiabank (CNW Group/Scotiabank)

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of over $921 billion (as at April 30, 2017), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

SOURCE Scotiabank

For further information: For media enquiries only: Debra Chan, Global Communications, Scotiabank, (416) 866-6443, debra.chan@scotiabank.com