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Laurentian Bank of Canada increases its USD base rate in Canada

MONTREAL, June 16, 2022 (GLOBE NEWSWIRE) -- Laurentian Bank of Canada (TSX: LB) increases its USD base rate in Canada by 75 basis points from 4.50% to 5.25%, effective June 16, 2022.

About Laurentian Bank

At Laurentian Bank, we believe we can change banking for the better. By seeing beyond numbers.

Founded in Montréal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have more than 2,900 employees working together as one team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We protect, manage and grow $48.3 billion in balance sheet assets and $28.7 billion in assets under administration.

We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.


Merick Seguin
Senior Manager, Media Relations
Laurentian Bank of Canada
Mobile: 514 451-3201

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Merick Séguin
Senior Manager, Media relations
Cell: 514 451-3201
E-Mail: merick.seguin@laurentianbank.ca

Sébastien Lavoie
Chief Economist
Office: 514 350-2931

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