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EQB.PR.C EQB Inc

24.75
0.05 (0.20%)
01 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
EQB Inc TSX:EQB.PR.C Toronto Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.05 0.20% 24.75 24.75 24.80 24.75 24.62 24.70 6,030 20:59:59

Equitable Bank increases prime rate

13/07/2022 9:50pm

PR Newswire (Canada)


EQB (TSX:EQB.PR.C)
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TORONTO, July 13, 2022 /CNW/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of EQB Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today announced it is increasing its prime lending rate by 100 basis points to 4.70% from 3.70%, effective July 14, 2022.

Equitable Bank Logo (CNW Group/Equitable Bank)

About Equitable Bank 
EQB Inc. trades on the Toronto Stock Exchange (TSX: EQB, EQB.PR.C and EQB.R) and serves more than 340,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™. Equitable Bank has a clear mandate to drive change in Canadian banking to enrich people's lives. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking and through its EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists. Please visit equitablebank.ca for details.

Investor contact:
Richard Gill
Vice President, Corporate Development & Investor Relations
investor_enquiry@eqbank.ca

Media contact:
Jessica Kosmack
Senior Manager, Communications
jkosmack@eqbank.ca

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/equitable-bank-increases-prime-rate-301586248.html

SOURCE Equitable Bank

Copyright 2022 Canada NewsWire

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