Canada NewsWire
TORONTO, July 11, 2018
TORONTO, July 11, 2018 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today
announced that it is raising its Canadian prime lending rate by 25 basis points from 3.45 per cent to 3.70 per cent, effective
Thursday, July 12, 2018.
About CIBC
CIBC is a leading Canadian-based global financial institution with 11 million personal banking, business, public sector and
institutional clients. Across Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets
businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations
across Canada, in the United States and around the world.
Ongoing news releases and more information about CIBC can
be found at www.cibc.com/en/about-cibc/media-centre.html.
SOURCE CIBC
View original content: http://www.newswire.ca/en/releases/archive/July2018/11/c6008.html