Press Releases

National Bank Social Responsibility Report: A responsible bank committed to the community

Montreal, 3 March 2005 -

National Bank today announced the publication of its public accountability statement for 2004.  The 2004 Social Responsibility Report details the many activities and initiatives undertaken by the Bank to support the communities where it operates and to meet the expectations of its clients, employees and shareholders.

“The life of the Bank is closely tied to the life of the community. If one is healthy, the other will undoubtedly be healthy too,” stated Réal Raymond, President and Chief Executive Officer of National Bank of Canada. “At National Bank, we are working tirelessly to better integrate economic, social, ethical and environmental considerations affecting the community and to strengthen our relations with all those who are at the heart of our organization,” he added.

The 2004 Social Responsibility Report provides concrete examples of initiatives National Bank undertook to fulfill its responsibilities to the communities it serves. During the year, National Bank supported a host of philanthropic causes across Canada, especially in the areas of education, health, culture and community outreach. Altogether $12 million – in the form of donations from the Bank and its subsidiaries, sponsorships, and funds raised in the branches or through special events – went to help hundreds of organizations.   

The 2004 Social Responsibility Report is available on the National Bank website at www.nbc.ca and can also be obtained at all National Bank branches or by calling the Bank’s TelNat customer service centre at 1-888-4TELNAT.

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 more than $90 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