CIBC raises prime lending rate

TORONTO, July 12, 2017 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is raising its Canadian prime lending rate by 25 basis points from 2.70 per cent to 2.95 per cent, effective Thursday, July 13, 2017.

SOURCE CIBC - Corporate

For further information: Caroline Van Hasselt, Director, Public Relations, 416-784-6699, or caroline.vanhasselt@cibc.com

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