Scotiabank decreases prime lending rate

Bank of Nova Scotia +1.27% Pre

Bank of Nova Scotia

BNS

70.19

70.19

+1.27%

0.00% Pre

TORONTO, Sept. 17, 2025  /CNW/ - Scotiabank announced today that it is decreasing its Canadian dollar prime lending rate to 4.70 per cent from 4.95 per cent, effective September 18, 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.

SOURCE Scotiabank