TORONTO, April 13,
2022 /PRNewswire/ - Equitable Bank (the "Bank" or
"Equitable"), a wholly owned subsidiary of Equitable Group Inc.
(the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today
announced it is increasing its prime lending rates by 50 basis
points to 3.20% from 2.70%, effective April
14, 2022.
About Equitable Group
Inc.
Equitable Group Inc. trades on the Toronto Stock Exchange (TSX:
EQB, EQB.PR.C and EQB.R) and serves more than 325,000 Canadians
through its wholly-owned subsidiary Equitable Bank, Canada's Challenger Bank™. Equitable Bank has
a clear mandate to drive change in Canadian banking to enrich
people's lives. Founded over 50 years ago, Equitable Bank provides
diversified personal and commercial banking services. Please visit
equitablebank.ca for details.
About Equitable Bank
Equitable Group Inc. trades on the Toronto Stock Exchange (TSX:
EQB, EQB.PR.C and EQB.R) and serves more than 325,000 Canadians
through its wholly-owned subsidiary Equitable Bank, Canada's Challenger Bank™. Equitable Bank has
a clear mandate to drive change in Canadian banking to enrich
people's lives. Founded over 50 years ago, Equitable Bank provides
diversified personal and commercial banking services. Please visit
equitablebank.ca for details.
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SOURCE Equitable Bank