CIBC lowers prime lending rate

TORONTO, July 15, 2015 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 15 basis points from 2.85 per cent to 2.70 per cent, effective Thursday, July 16, 2015.

SOURCE CIBC

For further information:

Caroline Van Hasselt, Director, External Communications and Media Relations, 416-784-6699, or caroline.vanhasselt@cibc.com


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