TORONTO, Jan. 29,
2025 /CNW/ - RBC Royal Bank is decreasing its prime
rate by 25 basis points from 5.45 per cent to 5.20 per cent,
effective January 30, 2025.
About RBC
Royal Bank of Canada is a global financial institution with
a purpose-driven, principles-led approach to delivering leading
performance. Our success comes from the 98,000+ employees who
leverage their imaginations and insights to bring our vision,
values and strategy to life so we can help our clients thrive and
communities prosper. As Canada's
biggest bank and one of the largest in the world, based on market
capitalization, we have a diversified business model with a focus
on innovation and providing exceptional experiences to our more
than 18 million clients in Canada,
the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/peopleandplanet.
For more information, please contact:
Heather Colquhoun, RBC Corporate
Communications
SOURCE RBC Royal Bank
