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KeyCorp Lowers Its Prime Lending Rate to 4.50 Percent

Wed. October 08, 2008; Posted: 06:14 PM
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CLEVELAND, Oct 08, 2008 /PRNewswire-FirstCall via COMTEX/ -- KEY | Quote | Chart | News | PowerRating -- KeyCorp (NYSE: KEY | Quote | Chart | News | PowerRating) and its banking affiliates have lowered their prime lending rate to 4.50 percent from 5.00 percent, effective Thursday, October 9, 2008.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $102 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit https://www.key.com/.

SOURCE KeyCorp

For full details on Keycorp (KEY) click here. Keycorp (KEY) has Short Term PowerRatings of 4. Details on Keycorp (KEY) Short Term PowerRatings is available at This Link.

    


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