An anonymous director reports

LAURENTIAN BANK OF CANADA INCREASES ITS USD BASE RATE IN CANADA

Laurentian Bank of Canada has increased its U.S.-dollar base rate in Canada by 25 basis points from 8.75 per cent to 9 per cent, effective July 27, 2023.

About Laurentian Bank of Canada

Laurentian 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, Laurentian 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.