TORONTO, March 12,
2025 /CNW/ - RBC Royal Bank is decreasing its prime
rate by 25 basis points from 5.20 per cent per
cent to 4.95 per cent per cent, effective March 13, 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 19 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:
Cheryl Brean, RBC Corporate Communications
SOURCE RBC Royal Bank
