CHARLOTTE, N.C., Nov. 2, 2022
/PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced
an increase in its prime lending rate to 7.00% from 6.25%,
effective tomorrow, Nov. 3, 2022.
About Truist
Truist Financial Corporation is a
purpose-driven financial services company committed to inspiring
and building better lives and communities. Truist has
leading market share in many high-growth markets in the country,
and offers a wide range of products and services through our retail
and small business banking, commercial banking, corporate and
investment banking, insurance, wealth management, and specialized
lending businesses. Headquartered in Charlotte, North Carolina, Truist
is a top 10 U.S. commercial bank with total assets of
$548 billion as of September 30, 2022.Truist Bank,
Member FDIC. Learn more at
Truist.com.
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SOURCE Truist Financial Corporation