National Bank of Canada decreases its prime rate

Montreal, June 5, 2024

National Bank of Canada announces a decrease in its prime rate by 25 basis points to 6.95%, effective June 6, 2024.

About National Bank of Canada
With $442 billion in assets as at April 30, 2024, National Bank of Canada is one of Canada's six systemically important banks. The Bank has approximately 30,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at  or via social media.


Stéphanie Rousseau

Senior Advisor, Public Affairs
National Bank of Canada