RBC Lowers Prime Rate to 4.70%
ByAinvest
Wednesday, Sep 17, 2025 3:10 pm ET1min read
RY--
Royal Bank of Canada has reduced its prime rate to 4.70%. The bank's business includes personal and commercial banking, wealth management, investor services, capital markets, and insurance. The decrease in prime rate is likely to impact lending rates and interest rates for customers.
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