TORONTO, July 13, 2022 /CNW/ – CIBC (TSX: CM) (NYSE: CM) today announced that it is raising its Canadian prime lending rate by 100 basis points from 3.7 per cent to 4.7 per cent, effective Thursday, July 14, 2022.
CIBC is a leading North American financial institution with 13 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network and locations across Canada
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.