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CIBC lowers prime lending rate

Newswire.ca - Wed Jul 24, 2:00PM CDT

TORONTO, July 24, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 25 basis points from 6.95 per cent to 6.70 per cent, effective Thursday, July 25, 2024.

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