BB&T increases prime lending rate

WINSTON-SALEM, N.C., Dec. 13, 2017 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced it is increasing its prime lending rate to 4.50 percent from 4.25 percent effective immediately.

About BB&T
BB&T is one of the largest financial services holding companies in the U.S. with $220.3 billion in assets and market capitalization of $37.0 billion as of September 30, 2017. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., BB&T operates over 2,100 financial centers in 15 states and Washington, D.C. A Fortune 500 company, BB&T is consistently recognized for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.

View original content:http://www.prnewswire.com/news-releases/bbt-increases-prime-lending-rate-300571029.html

SOURCE BB&T Corporation