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RBC Royal Bank decreases prime rate


TORONTO, March 27, 2020 - — RBC Royal Bank today decreased its prime rate by 50 basis points to 2.45 per cent from 2.95 per cent, effective March 30, 2020

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Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 85,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎

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For further information contact:
Jill Anzarut, RBC Communications, 647-534-5118