Scotiabank decreases prime lending rate

TORONTO, June 5, 2024 /CNW/ - Scotiabank announced today that it is decreasing its Canadian dollar prime lending rate to 6.95 per cent from 7.20 per cent, effective June 6, 2024.

About Scotiabank 

Scotiabank's vision is to be our clients' most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success 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 assets of approximately $1.4 trillion (as at April 30, 2024), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on X @Scotiabank. 

SOURCE Scotiabank

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