Associated Banc-Corp Decreases Prime Rate
Associated Banc-Corp (NYSE: ASB) announced a decrease in its prime rate from 8.00% to 7.75%, effective November 8, 2024. The rate change affects Associated Bank, N.A., the company's banking subsidiary.
Associated Banc-Corp (NYSE: ASB) ha annunciato una riduzione del suo tasso principale dal 8.00% al 7.75%, con effetto dall'8 novembre 2024. La modifica del tasso riguarda Associated Bank, N.A., la sussidiaria bancaria della società.
Associated Banc-Corp (NYSE: ASB) anunció una disminución de su tasa de interés principal del 8.00% al 7.75%, que entrará en vigor el 8 de noviembre de 2024. El cambio de tasa afecta a Associated Bank, N.A., la subsidiaria bancaria de la compañía.
어소시에이티드 뱅크-코프 (NYSE: ASB)는 2024년 11월 8일부터 기본 금리를 8.00%에서 7.75%로 인하한다고 발표했습니다. 금리 변화는 회사의 은행 자회사인 어소시에이티드 뱅크(N.A.)에 영향을 미칩니다.
Associated Banc-Corp (NYSE: ASB) a annoncé une baisse de son taux d'intérêt principal de 8,00% à 7,75%, en vigueur à compter du 8 novembre 2024. Ce changement de taux concerne Associated Bank, N.A., la filiale bancaire de la société.
Associated Banc-Corp (NYSE: ASB) gab bekannt, dass der Leitzins von 8,00% auf 7,75% gesenkt wird, wirksam ab dem 8. November 2024. Die Änderung des Zinssatzes betrifft die Associated Bank, N.A., die Banktochter des Unternehmens.
- Prime rate reduction by 0.25% could increase lending activity and loan demand
- Lower rates may improve borrower affordability and reduce default risk
- Lower prime rate may reduce interest income and net interest margin
- Potential compression of lending profitability
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ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of
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SOURCE Associated Banc-Corp
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