National Bank increases its Canadian prime rate

Montreal, October 26, 2022

National Bank announces an increase in its Canadian prime rate by 50 basis points to 5.95%, effective October 27, 2022.

About National Bank of Canada
With $387 billion in assets as at July 31, 2022, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. It has more than 28,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at or via social media such as Facebook, LinkedIn and Twitter.


Marie-Pierre Jodoin

Senior Manager – Public Affairs and Corporate Social Responsibility
National Bank of Canada