TORONTO, Aug. 23, 2013 /CNW Telbec/ - B2B Bank and AGF Investments Inc.
have signed an agreement for the distribution of Registered Savings
Plan (RSP) loans. Under the terms of this agreement, B2B Bank RSP loan
proceeds will be deposited into Canadian investors' Registered
Retirement Savings Plans (RRSPs) and/or Registered Education Savings
Plans (RESPs) at AGF Investments Inc. for the purpose of purchasing of
"We've had tremendous success financing RRSPs for nearly two decades,"
says Maurice Forget, Senior Vice President, Marketing and Business
Development at B2B Bank. "We're always looking for innovative ways to
meet the needs of advisors and their clients. To be able to expand our
RSP Loan Program's funding options to include RESPs, and have partners
like AGF adopt our platform, is really exciting for us."
"B2B's focus on the advisor channel is one that aligns well with our own
business model," says Rose Cammareri, Executive Vice President, Retail
Distribution at AGF Investments Inc. "Adding their RSP Loan Program to
the products and services we offer provides a complementary solution to
helping investors succeed."
The RSP Loan Program is available August 26, 2013 for clients of AGF
About B2B Bank
B2B Bank is a Canadian leader in providing banking products to more than
27,000 financial advisors and brokers. Through the advisor and broker
channels, it offers a broad range of products and services to consumers
including, investment and RRSP loans, mortgages, GICs, banking
services, and investment accounts. B2B Bank has been proudly dedicated
to, and 100% focused on, serving the needs of advisors and mortgage
brokers for more than a decade. A wholly-owned subsidiary of Laurentian
Bank of Canada, it is a member of the Canada Deposit Insurance
Corporation (CDIC). As a Schedule I Canadian bank, B2B Bank offers
innovative products and solutions that help advisors and brokers build
a different and more rewarding banking experience for their clients.
More information about B2B Bank is available at b2bbank.com.
About AGF Management Limited
AGF Management Limited is one of Canada's premier independent investment
management firms with offices across Canada and subsidiaries around the
world. AGF's products include a diversified family of award-winning
mutual funds, mutual fund wrap programs and pooled funds. AGF also
manages assets on behalf of institutional investors including pension
plans, foundations and endowments as well as for private clients. With
over $36 billion in total assets under management, AGF serves more than
one million investors. AGF trades on the Toronto Stock Exchange under
the symbol AGF.B.
SOURCE: B2B Bank
For further information:
Vice-President, Public Affairs and Communications
B2B Bank/Laurentian Bank
514.284.4500 ext 7511
Assistant, Corporate Communications