{"id":824968,"date":"2025-03-12T14:33:08","date_gmt":"2025-03-12T18:33:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/"},"modified":"2025-03-12T14:33:08","modified_gmt":"2025-03-12T18:33:08","slug":"rbc-royal-bank-announces-change-to-prime-rate-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/","title":{"rendered":"RBC Royal Bank announces change to prime rate"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">TORONTO<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 12, 2025<\/span><\/span> \/CNW\/ &#8211; RBC Royal Bank is decreasing its prime rate by 25\u00a0basis points from <span>5.20 per cent<\/span> per cent to <span>4.95 per cent <\/span>per cent, effective <span class=\"xn-chron\">March 13, 2025<\/span>.<\/p>\n<p>\n        <b>About RBC<\/b>\n      <\/p>\n<p>Royal Bank of <span class=\"xn-location\">Canada<\/span> is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As <span class=\"xn-location\">Canada&#8217;s<\/span> 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 more than 19 million clients in <span class=\"xn-location\">Canada<\/span>, the U.S. and 27 other countries.\u00a0Learn more at\u00a0<a href=\"https:\/\/www.rbc.com\/\" target=\"_blank\" rel=\"nofollow\">rbc.com<\/a>.\u200e<\/p>\n<p>We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at <a href=\"https:\/\/www.rbc.com\/our-impact\/index.html\" target=\"_blank\" rel=\"nofollow\">rbc.com\/peopleandplanet<\/a>.<\/p>\n<p>\n        <b>For more information, please contact:<br \/><\/b><br \/>\n        <a href=\"mailto:cheryl.brean@rbc.com\" target=\"_blank\" rel=\"nofollow\"><br \/>\n          <span class=\"xn-person\">Cheryl Brean<\/span><br \/>\n        <\/a>, RBC Corporate Communications<\/p>\n<p>SOURCE  RBC Royal Bank<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire TORONTO , March 12, 2025 \/CNW\/ &#8211; RBC Royal Bank is decreasing its prime rate by 25\u00a0basis points from 5.20 per cent per cent to 4.95 per cent per cent, effective March 13, 2025. About RBC 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 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada&#8217;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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RBC Royal Bank announces change to prime rate&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-824968","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RBC Royal Bank announces change to prime rate - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBC Royal Bank announces change to prime rate - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire TORONTO , March 12, 2025 \/CNW\/ &#8211; RBC Royal Bank is decreasing its prime rate by 25\u00a0basis points from 5.20 per cent per cent to 4.95 per cent per cent, effective March 13, 2025. About RBC 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 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada&#8217;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 &hellip; Continue reading &quot;RBC Royal Bank announces change to prime rate&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-12T18:33:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RBC Royal Bank announces change to prime rate\",\"datePublished\":\"2025-03-12T18:33:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/\"},\"wordCount\":177,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/\",\"name\":\"RBC Royal Bank announces change to prime rate - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312\",\"datePublished\":\"2025-03-12T18:33:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312\",\"contentUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rbc-royal-bank-announces-change-to-prime-rate-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RBC Royal Bank announces change to prime rate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RBC Royal Bank announces change to prime rate - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/","og_locale":"en_US","og_type":"article","og_title":"RBC Royal Bank announces change to prime rate - Market Newsdesk","og_description":"Canada NewsWire TORONTO , March 12, 2025 \/CNW\/ &#8211; RBC Royal Bank is decreasing its prime rate by 25\u00a0basis points from 5.20 per cent per cent to 4.95 per cent per cent, effective March 13, 2025. About RBC 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 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada&#8217;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 &hellip; Continue reading \"RBC Royal Bank announces change to prime rate\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-12T18:33:08+00:00","og_image":[{"url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"RBC Royal Bank announces change to prime rate","datePublished":"2025-03-12T18:33:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/"},"wordCount":177,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/#primaryimage"},"thumbnailUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/","name":"RBC Royal Bank announces change to prime rate - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/#primaryimage"},"thumbnailUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312","datePublished":"2025-03-12T18:33:08+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/#primaryimage","url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312","contentUrl":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2813&amp;Transmission_Id=202503121430CANADANWWEB______C2813&amp;DateId=20250312"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rbc-royal-bank-announces-change-to-prime-rate-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"RBC Royal Bank announces change to prime rate"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/824968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=824968"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/824968\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=824968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=824968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=824968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}