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CIBC lowers prime lending rate

Newswire.ca - Wed Oct 23, 1:49PM CDT

TORONTO, Oct. 23, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 50 basis points from 6.45 per cent to 5.95 per cent, effective Thursday, October 24, 2024.

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