PNC announced a decrease of 1/2 percent in its prime lending rate. The new rate of 9.00 percent will be effective Thursday, January 4, 2001.
The PNC Financial Services Group, Inc. (NYSE: PNC), headquartered in Pittsburgh, is one of the nation's largest diversified financial services organizations, providing regional banking, corporate banking, real estate finance, asset-based lending, wealth management, asset management and global fund processing services.
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SOURCE: The PNC Financial Services Group
Contact: Patrick McMahon of PNC, 412-762-2477 or
Company News On-Call: http://www.prnewswire.com/comp/701257.html or fax,
800-758-5804, ext. 701257