Happy Anniversary: National Bank Financial Groupe
Montreal, 3 May 2009 -
National Bank Financial Group, a driving force of economic and social development, is celebrating its 150th anniversary tomorrow. Founded in Quebec City, National Bank welcomed its first clients on St. Jean Street on May 4, 1859.
Since then, a series of mergers and acquisitions have enabled this institution to grow into a powerful financial group, richly diverse in knowledge, expertise and culture. A century and a half later, National Bank Financial Group is the sixth largest bank in Canada and the main banking institution in Quebec. It has a network of some 600 service points, employs 17,200 people and manages $137 billion in assets.
“Inspired by its one client, one bank vision, National Bank Financial Group is deeply committed to its clients, employees and the community, and is an essential driver of economic development. This commitment is an integral part of our company’s mission. I can ensure you that this involvement will endure over the coming years and will be even more beneficial for the community,” said Louis Vachon, President and Chief Executive Officer.
About National Bank of Canada
National Bank of Canada, which is celebrating its 150th anniversary in 2009, is an integrated group that 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. National Bank has close to $137 billion in assets and, together with its subsidiaries, employs 17,199 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.):
Senior Manager, Public Relations
National Bank Financial Group