Story perspectives
RBC Cuts Prime Rate to 4.45% Effective October 2025
10/30/2025
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Story summary
- RBC Royal Bank (RBC) will lower its prime rate by 25 basis points from 4.70% to 4.45%, effective October 30, 2025.
- RBC, Canada's largest bank, serves over 19 million clients in Canada, the U.S., and 27 other countries, emphasizing purpose and innovation.
- The bank remains committed to community support through donations and employee volunteer efforts.
- Cheryl Brean at RBC Corporate Communications is the contact for further details.
