Scotiabank decreases prime lending rate

TORONTO, Oct. 29, 2025 /CNW/ - Scotiabank announced today that it is decreasing its Canadian dollar prime lending rate to 4.45 per cent from 4.70 per cent, effective October 30, 2025.Scotiabank Logo (CNW Group/Scotiabank)

About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.4 trillion (as at July 31, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on X @Scotiabank.Cision

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