|
Prime rate and base rate |
 |
 |
Rate (%) |
 |
Prime Rate |
3,950 |
 |
U.S. Base Rate |
6,000 |
 |
Variable Base Rate (Personal Loans) |
6,200 |
 |
Line of Credit Base Rate |
6,200 |
 |
Line of Credit Base Rate history variable baser rate history
The expression "Bank's prime rate" means the annual interest rate announced by the Bank from time to time as being its reference rate then in effect for commercial loans, in Canadian dollars. The expression "Bank's U.S. base rate" means the annual variable interest rate announced by the Bank from time to time as the reference rate in effect to determine the interest rates applicable to commercial loans in U.S. dollars granted by the Bank in Canada and based on a calendar year. Certain conditions apply. The rates mentioned in this site can be modified at all times and without prior notice by Laurentian Bank.
HISTORIC LINE OF CREDIT BASE RATE |
 |
Change date |
Rate |
 |
October 25, 2018 |
6,200 |
July 11, 2018 |
5,950 |
January 18, 2018 |
5,700 |
September 7, 2017 |
5,450 |
July 13, 2017 |
5,200 |
June 14, 2017 |
4,950 |
 |
HISTORIC Variable Base Rate (Personal Loans) |
 |
Change date |
Rate |
 |
October 25, 2018 |
6,200 |
July 11, 2018 |
5,950 |
January 18, 2018 |
5,700 |
September 7, 2017 |
5,450 |
July 13, 2017 |
5,200 |
June 14, 2017 |
4,950 |
 |
|
|