National Bank of Canada announces an increase in its prime rate by 25 basis points to 4.70%, effective October 29, 2026.
PRESS RELEASES
National Bank of Canada announces an increase in its prime rate by 25 basis points to 4.70%, effective October 29, 2026.
About National Bank of Canada
With $635 billion in
assets as at July 31, 2026, National Bank of Canada (the “Bank”)
is one of Canada’s six systemically important banks. The Bank has
more than 37,000 employees in knowledge-intensive positions and
operates three business segments in Canada: Personal and Commercial
Banking, Wealth Management and Capital 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 nbc.ca or
via social media.
Information:
Alexandre Guay
Chief Advisor, Public Affairs
National Bank of Canada