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CIBC lowers prime lending rate

TORONTO, Jan. 27, 2015 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 15 basis points from 3 per cent to 2.85 per cent, effective Wednesday, Jan. 28, 2015.

SOURCE Canadian Imperial Bank of Commerce

For further information:


Caroline Van Hasselt, Director, External Communications and Media Relations, 416-784-6699, or caroline.vanhasselt@cibc.com

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