Press Releases

National Bank to donate up to $140,000 for the tsunami victims

Montreal, 12 January 2005 -

$100,000 earmarked for matching donations by employees and the general public

National Bank will contribute up to $140,000 to the Canadian Red Cross to support the organization’s relief efforts for the victims of the earthquake and tsunami in Asia.

In addition to making a corporate donation of $40,000 in December, National Bank will match all donations made by its employees and the general public through its branches, up to $100,000. Additional funds from the Bank’s subsidiaries could further boost the Bank’s financial contribution to this relief fund in coming weeks.

National Bank has also taken the following initiatives to support the fundraising efforts of the Canadian Red Cross:

  • Nationale Bank MasterCard cardholders may, if they wish, exchange their reward points, free of charge, for a cash donation to the Canadian Red Cross by calling 1-800-341-8083 or (514) 847-8280.
  • In the branches, “Our hearts are with Asia” posters will replace some of the Bank’s promotional posters from January 12 to 28, 2005, to encourage donations by the public.

Counter cards placed at the counter will remind Bank customers that they can make donations at any National Bank branch.

All donations made at National Bank branches will be sent to the Canadian Red Cross and will be used to provide immediate relief and basic supplies to the tens of thousands of victims. The Canadian Red Cross will issue tax receipts for all donations of $10 and over.

If you would like to make a donation to the Canadian Red Cross, you can aslo do so via their website or by phone.

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 close to $89 billion and, together with its subsidiaries, employs close to 16,500 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