KEYCORP LOWERS ITS PRIME LENDING RATE TO 7.75 PERCENT
KeyCorp (NYSE: KEY) has announced a reduction in its prime lending rate from 8.00% to 7.75%, effective November 8, 2024. The company, headquartered in Cleveland, Ohio, manages assets of approximately $190 billion as of September 30, 2024. KeyCorp operates through KeyBank National Association across 15 states with roughly 1,000 branches and 1,200 ATMs, providing deposit, lending, cash management, and investment services. Additionally, through KeyBanc Capital Markets, the company offers corporate and investment banking products to middle market companies.
KeyCorp (NYSE: KEY) ha annunciato una riduzione del tasso d'interesse di riferimento dall'8,00% al 7,75%, con effetto dall'8 novembre 2024. L'azienda, con sede a Cleveland, Ohio, gestisce beni per un valore di circa 190 miliardi di dollari al 30 settembre 2024. KeyCorp opera tramite KeyBank National Association in 15 stati, con circa 1.000 filiali e 1.200 sportelli ATM, fornendo servizi di deposito, prestito, gestione della liquidità e investimenti. Inoltre, attraverso KeyBanc Capital Markets, l'azienda offre prodotti di banking aziendale e d'investimento a imprese di medie dimensioni.
KeyCorp (NYSE: KEY) ha anunciado una reducción en su tasa de interés preferencial del 8.00% al 7.75%, que entrará en vigor el 8 de noviembre de 2024. La empresa, con sede en Cleveland, Ohio, gestiona activos por aproximadamente 190 mil millones de dólares a partir del 30 de septiembre de 2024. KeyCorp opera a través de KeyBank National Association en 15 estados con alrededor de 1,000 sucursales y 1,200 cajeros automáticos, ofreciendo servicios de depósito, préstamos, gestión de efectivo e inversiones. Además, a través de KeyBanc Capital Markets, la empresa ofrece productos de banca corporativa y de inversión a empresas del mercado medio.
KeyCorp (NYSE: KEY)는 기준 대출 금리를 8.00%에서 7.75%로 인하한다고 발표했습니다. 이 조치는 2024년 11월 8일부터 시행됩니다. 오하이오주 클리블랜드에 본사를 둔 이 회사는 2024년 9월 30일 기준으로 약 1,900억 달러의 자산을 관리하고 있습니다. KeyCorp는 KeyBank National Association를 통해 15개 주에서 약 1,000개의 지점과 1,200개의 ATM을 운영하며, 예금, 대출, 현금 관리 및 투자 서비스를 제공합니다. 또한 KeyBanc Capital Markets를 통해 중견기업을 위한 기업 및 투자 은행 상품을 제공합니다.
KeyCorp (NYSE: KEY) a annoncé une réduction de son taux d'intérêt de référence de 8,00 % à 7,75 %, effective à partir du 8 novembre 2024. L'entreprise, dont le siège est à Cleveland, dans l'Ohio, gère des actifs d'environ 190 milliards de dollars au 30 septembre 2024. KeyCorp opère à travers KeyBank National Association dans 15 États, avec environ 1 000 agences et 1 200 distributeurs automatiques, offrant des services de dépôt, de prêt, de gestion de trésorerie et d'investissement. De plus, grâce à KeyBanc Capital Markets, l'entreprise propose des produits de banque d'affaires et d'investissement aux entreprises de taille intermédiaire.
KeyCorp (NYSE: KEY) hat eine Senkung des Leitzinssatzes von 8,00 % auf 7,75 % bekannt gegeben, die ab dem 8. November 2024 wirksam wird. Das Unternehmen mit Sitz in Cleveland, Ohio, verwaltet zum Stand 30. September 2024 Vermögenswerte von etwa 190 Milliarden Dollar. KeyCorp ist über KeyBank National Association in 15 Bundesstaaten mit rund 1.000 Filialen und 1.200 Geldautomaten aktiv und bietet Dienstleistungen im Bereich Einlagen, Kredite, Cash-Management und Investments an. Darüber hinaus bietet das Unternehmen über KeyBanc Capital Markets Produkte für Unternehmens- und Investmentbanking für mittelständische Unternehmen an.
- Prime lending rate reduction indicates potential for increased borrowing activity
- Strong asset base of $190 billion
- Extensive network of 1,000 branches and 1,200 ATMs across 15 states
- Lower prime rate may compress net interest margins
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With KeyCorp's substantial asset base of
About KeyCorp
KeyCorp's roots trace back nearly 200 years to
Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout
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SOURCE KeyCorp
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