National Bank Financial Group donates $30,000 to L’Arrêt-Source

Montreal, 13 October 2010 - 

National Bank Financial Group is pleased to donate $30,000 over two years to L’Arrêt-Source for its financing campaign. The highlight event is the annual benefit evening to raise money for the shelter. This year, the event will be held on Wednesday, December 1st at the TELUS Theatre and will pay tribute to Marie Denise Pelletier, the organization’s spokesperson for the past 15 years. 

L’Arrêt-Source is a shelter for young women aged 18 to 30 who are in difficulty. Located in Montreal's Ahuntsic district, it nevertheless serves the entire province of Quebec. Its mission is to offer a social integration program for young women in difficulty, as well as the support and guidance these women need to become independent. A well-known fact about L’Arrêt-Source is that it is the only organization in Quebec that provides shelter for up to two years to young women, who are in difficulty.

The financial support of its various partners is essential to the survival of L’Arrêt-Source and the pursuit of its mission. National Bank Financial Group plays a leading role in the organization’s development not only through its donations, but also the unwavering support of Denis Gauthier, Senior Vice-President and National Director at National Bank Financial Group. Since 2008, Denis is Co-Chair of the annual fundraising campaign, which this year (2010-2011) has an objective of $450,000.

For over 45 years, National Bank Financial Group has maintained an active presence in the Ahuntsic-Cartierville borough through four service points and, during that period, has granted millions of dollars in financing to the borough’s citizens and businesses. The Financial Group plays a leading role in the region’s economic development.

A company’s economic development is closely tied to social development and quality of life for the members of a community. Therefore, supporting education, community outreach and health are ingrained in the culture of National Bank Financial Group and its employees. Every year, National Bank Financial Group invests millions of dollars, i.e., more than 20% of its total donations budget, in various community outreach initiatives.

More information on the many causes and projects the Financial Group supports as part of its commitment to the communities it serves can be found in our social responsibility report at www.nbc.ca/socialresponsibility.

About National Bank of Canada
National Bank of Canada 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. 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 over $146 billion in assets and, together with its subsidiaries, employs 18,438 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. To access National Bank Financial Group’s financial education portal, visit www.clearfacts.ca.

Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):

Joan Beauchamp
Senior Advisor – Public Relations
National Bank Financial Group
Tel.: 514-394-6500