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Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Scotiabank decreases prime lending rate

PR Newswire - Wed Oct 23, 2:07PM CDT

TORONTO , Oct. 23, 2024 /CNW/ - Scotiabank announced today that it is decreasing its Canadian dollar prime lending rate to 5.95 from 6.45, effective October 24, 2024 .

Scotiabank Logo (CNW Group/Scotiabank)

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 July 31, 2024 ), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on X @Scotiabank.

SOURCE Scotiabank

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