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CIBC raises prime lending rate

Newswire.ca - Wed Sep 7, 2022

TORONTO, Sept. 7, 2022 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is raising its Canadian prime lending rate by 75 basis points from 4.7 per cent to 5.45 per cent, effective Thursday, September 8, 2022.

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