Press Releases

National Bank unveils the latest addition to its art collection

Montreal, 4 October 2012 -

National Bank is proud to present Vague, a sculpture by Montreal artist Patrick Coutu, winner of the National Bank Collection contest launched last December. This work of art, the most recent addition to the Bank’s corporate collection, can be viewed by clients and the general public in the area reserved for art exhibitions in the Bank’s flagship branch at 600 de La Gauchetière West in downtown Montreal.

Vague is as majestic as it is intriguing. Made of 2,705 bronze pieces, the sculptureweighs 275 kilograms and is more than 1.6 metres high and 2 metres wide. It is inspired by the Golden Number (1.61803399…), which is widely found in both natural and human designs. The geometric model used by the artist is particularly evident in the repetitive form of waves on the ocean. Interestingly enough, the same mathematical models used to understand fluid dynamics are also used to analyze stock market fluctuations.

“Patrick Coutu won the jury members over with his artistic concept, presentation and maquette. The sculpture’s two component parts (+ and - signs) are combined in a way that suggests both upward and downward movements as well as horizontal motion. This work of art perfectly fits into the gallery space of our flagship branch and is a wonderful addition to our extensive art collection,” said Jo-Ann Kane, art historian, Curator of National Bank’s art collection and President of the Association des Collections d’entreprises du Québec. Ms. Kane has also been an independent member of the Board of Directors of the Conseil des arts et des lettres du Québec since April.

The Vague sculpture is housed in the gallery area dedicated to temporary exhibitions of National Bank’s art collection. Renovated at a cost of $2.5 million and officially inaugurated on May 29, the new flagship branch reflects the latest design standards and National Bank’s eco-friendly practices. Branch premises have been expanded and improved, with the addition of a client area and an investor lounge used for corporate events and communicating information to clients. A new ABM that is accessible at all times has also been installed.

Aboutthe National Bank Collection
With over 7,000 original works of art, the National Bank Collection currently ranks as one of the largest corporate collections in Canada. This distinctive collection reflects the history of Quebec and Canadian art from 1895 to the present and includes paintings, prints, drawings, sculptures and photographs. By acquiring artwork, National Bank directly supports artists and creators across Canada and fosters a feeling of pride in our collective heritage while shining the spotlight on Canadian talent and enriching the surroundings for thousands of employees and clients.

About National Bank of Canada
With $180 billion in assets as at July 31, 2012, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada’s leading integrated financial groups, and was named among the five strongest banks in the world by Bloomberg Markets. The Bank has more than 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.

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

Joan Beauchamp
Senior Advisor – Public Affairs
National Bank
Tel.: 514-394-6500