Laurentian Bank of Canada increases its prime rate
July 11 2018 - 2:52PM
Laurentian Bank of Canada (TSX:LB) increases its prime lending rate
by 25 basis points from 3.45% to 3.70%, effective July 12, 2018.
About Laurentian Bank Financial
Group
Founded in 1846, Laurentian Bank Financial Group is a
diversified financial services provider whose mission is to help
its customers improve their financial health. The Laurentian Bank
of Canada and its entities are collectively referred as Laurentian
Bank Financial Group (the “Group” or the "Bank").
With more than 3,800 employees guided by the values of
proximity, simplicity and honesty, we provide a broad range of
advice-based solutions and services to our retail, commercial and
institutional customers. With pan-Canadian activities and a
presence in the U.S., we are an important player in numerous market
segments.
The Group has $48 billion in balance sheet assets and $31
billion in assets under administration.
Information:
Hélène Soulard Assistant Vice President, Communications 514
284-4500, ext. 8232 helene.soulard@lbcfg.ca
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