Citibank Slashes Base Lending Rate to 7.00% Effective Today – A Game-Changer for Borrowers in Tough Times

Finance MonthlyThursday, October 30, 2025 at 2:53:27 PM
Citibank Slashes Base Lending Rate to 7.00% Effective Today – A Game-Changer for Borrowers in Tough Times
Citibank has made a significant move by reducing its base lending rate to 7.00%, effective immediately. This decision is a game-changer for borrowers, especially in challenging economic times when many are seeking relief from high interest rates. By lowering the cost of borrowing, Citibank aims to support individuals and businesses alike, making loans more accessible and affordable. This could stimulate spending and investment, ultimately benefiting the broader economy.
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