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CIBC lowers prime lending rate

    TORONTO, Dec. 9 /CNW/ - CIBC today announced that is lowering its prime
lending rate 50 basis points from 4.00 to 3.50 per cent effective Wednesday,
December 10, 2008.




For further information:
For further information: Doug Maybee at (416) 980-7458 or
doug.maybee@cibc.com

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