An anonymous director reports

LAURENTIAN BANK OF CANADA INCREASES ITS PRIME RATE

Laurentian Bank of Canada has increased its prime lending rate and that of B2B Bank by 25 basis points from 6.95 per cent to 7.20 per cent, effective July 13, 2023.

About Laurentian Bank of Canada

At Laurentian Bank, the bank believes it can change banking for the better by seeing beyond numbers.

Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, the bank has approximately 3,000 employees working together as one team to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. The bank protects, manages and grows $50.7-billion in balance sheet assets and $27.7-billion in assets under administration.

The bank drives results by placing its customers first, making the better choice, acting courageously and believing everyone belongs.