TORONTO STOCK EXCHANGE TRADING OPENED BY LAURENTIAN BANK ON JUNE 29

MONTREAL, June 29, 2011 /CNW Telbec/ - Laurentian Bank celebrated its 165th anniversary by opening trading on Toronto Stock Exchange (TSX) this morning. The Bank's President and CEO, Mr. Réjean Robitaille, the Management Committee and a group of employees had come to take part in the market open ceremony. The Bank's stock has been publicly traded since 1963 — first on the Montréal Exchange (MX), and then on TSX.

Solid Nationwide Presence

Laurentian Bank combines a rich history with the vitality of an institution that has enjoyed consistent growth and renewal. Founded in Québec in 1846, the Bank has a current workforce of 3,700 and has established its presence throughout Canada, with 40% of its assets originating from outside its home province. Operating more than 200 offices across the country, Laurentian Bank has established a solid position thanks in part to its B2B Trust subsidiary, the Canadian leader among financial intermediaries, as well as to its extensive branch network in Québec, which is the third largest in the province. The institution has also built an excellent reputation among small and medium-sized enterprises and real estate developers thanks to the expertise of its teams operating out of 36 different offices, including those in Vancouver, Calgary, Toronto, Montréal and Québec City. Finally, Laurentian Bank Securities specializes in small cap companies and serves as a Canadian reference in the Institutional Fixed Income market.

About Laurentian Bank

Laurentian Bank of Canada is a banking institution operating across Canada and offering its clients diversified financial services. Distinguishing itself through excellence in service, as well as through its simplicity and proximity, the Bank serves individual consumers and small and medium-sized businesses. The Bank also offers its products to a wide network of independent financial intermediaries through B2B Trust, as well as full-service brokerage solutions through Laurentian Bank Securities.

Laurentian Bank is well established in the Province of Quebec, operating the third-largest retail branch network. Elsewhere throughout Canada, it operates in specific market segments where it holds an enviable position. Laurentian Bank of Canada has more than $23 billion in balance sheet assets and more than $15 billion in assets under administration. Founded in 1846, the Bank employs more than 3,700 people.

Image with caption: "The Bank's President and CEO, Mr. Réjean Robitaille, the Management Committee and a group of employees celebrated the Bank's 165th anniversary by opening trading on Toronto Stock Exchange (TSX) this morning (CNW Group/LAURENTIAN BANK OF CANADA)". Image available at: http://photos.newswire.ca/images/download/20110629_C2307_PHOTO_EN_01.jpg

SOURCE LAURENTIAN BANK OF CANADA

For further information:

Gladys Caron
Vice-President
Public Affairs, Communications and Investor Relations
514 284-4500, extension 7511
gladys.caron@banquelaurentienne.ca

 

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LAURENTIAN BANK OF CANADA

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