TORONTO, Jan. 25, 2023 /CNW/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of EQB Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) today announced it is increasing its prime lending rate by 25 basis points to 6.70% from 6.45%. Equitable's wholly owned subsidiary Concentra Bank is also increasing its prime lending rate by 25 basis points to 6.70% from 6.45%. Both rates are effective January 26, 2023.
Read more at newswire.caProvided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.