National Bank supports Fondation OLO
Montreal, 3 March 2005 -
National Bank is proud to donate $15,000 to Fondation OLO, an organization dedicated to helping expectant mothers who are in need. This contribution is in lieu of the amount normally spent to host a luncheon following the Bank’s Annual Meeting of Shareholders.
In concrete terms, this donation will allow the Fondation to provide the basic nutrition as well as the psychosocial and nursing counselling needed to give 60 babies a healthy start in life.
In Quebec, one pregnant woman in five lives below the poverty line. For the thousands of women in this position, malnutrition poses a real threat to the health of their unborn children. The Bank is proud to support Fondation OLO which, through its activities, ensures that these women receive the nutritional basics – eggs, milk and orange juice – and the vitamin supplements required during pregnancy to bring healthy babies to term.
Every year, the Bank gives close to $10 million in donations or sponsorships to many health, education, community assistance and cultural organizations.
More information on the many causes and projects the Bank supports as part of its commitment to the communities it serves can be found in the Bank’s Social Responsibility Report on its website at www.nbc.ca.
About the National Bank of Canada
National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. The National Bank has assets of more than $90 billion and, together with its subsidiaries, employs close to 17,000 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca.
Information: (The telephone number provided below is for the exclusive use of journalists and other media representatives.)
Manager, Public Relations Department
National Bank of Canada
Tel.: (514) 394-8644