National Bank increases its Canadian prime rate

Montreal, July 12, 2023

National Bank announces an increase in its Canadian prime rate by 25 basis points to 7.20%, effective July 13, 2023.

About National Bank of Canada
With $418 billion in assets as at April 30, 2023, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. It has approximately 30,000 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 FacebookLinkedIn and Twitter.



Marie-Pierre Jodoin

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