Press Releases

National Bank investing over $800,000 in Rouyn-Noranda

Montreal, 1 September 2004 -

National Bank today announced plans to invest more than $800,000 in a brand new branch in Rouyn-Noranda that will bring all personal and commercial banking services under one roof.

At the groundbreaking ceremony for the new building, Luc Papineau, Senior Vice-President – Sales and Personal Banking at National Bank, said, “This new investment in Rouyn-Noranda will strengthen the Bank's presence in Abitibi-Témiscamingue, where it has been an important economic partner for more than 80 years.”  He added, “Consolidating the Bank's many different services will be a boon for customers in that they will be able to carry out all their financial transactions in one place and benefit from the expertise of even more financial advisors.”

The branch, which will be built at the corner of Gamble and Avenue du Lac by contractor Élie Janhevich, will be a two-storey, 10,000 square-foot structure.  The Bank will occupy 7,000 square feet.  Personal Banking services will be offered on the first floor and Commercial Banking services on the second.  In addition to its prime location in downtown Rouyn-Noranda with a breathtaking view of Lake Osisko, the modern building has been designed with customer convenience in mind.  It will also have two automatic banking machines, a large parking area and will continue to offer extended business hours.

With 11 service outlets, 154 employees and a specialized sales force of financial planners and retirement planning advisors, National Bank is the largest banking institution in the Abitibi-Témiscamingue region.  Through its involvement in community organizations, especially those in health and education, such as the Fondation de l'Université du Québec en Abitibi-Témiscamingue, the Multiple Sclerosis Society of Canada, the Maison des soins palliatifs, the Bank plays a key role in the region.

A sketch of the new branch is available on request.  Please contact the Public Relations Department.

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  $84 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).

Denis Dubé
Manager, Public Relations Department
National Bank of Canada
Tel.: (514) 394-8644