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.

Royal Bank of Canada became the first major Canadian lender to trim its prime lending rate in response to last week’s surprise interest-rate cut from the Bank of Canada.

Royal Bank of Canada and Bank of Nova Scotia said on Monday they would reduce their prime rates by 50 basis points to 2.95 per cent, the lowest level since August 2017, passing on to borrowers in ...

Royal Bank of Canada cut its prime rate by 50 basis points, matching Bank of Canada’s latest emergency rate cut. Canada’s largest lender by assets reduced the key rate to 2.45% from 2.95%, the ...

TORONTO, Jan 27 (Reuters) - Royal Bank of Canada, the country's biggest lender, said on Tuesday it would cut its prime lending rate by 15 basis points, becoming the first of Canada's big banks to ...

Royal Bank of Canada and Bank of Nova Scotia said on Monday they would reduce their prime rates by 50 basis points to 2.95%, the lowest level since August 2017, passing on to borrowers in full the ...

RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal Reserve’s decision to cut its key interest ...

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 ...