VANCOUVER, April 19 /CNW/ - Canadian Western Trust (CWT) today celebrates
twenty years of excellence in providing superior customer service and product
innovation to the investment community, corporations and individuals.
CWT was acquired by the Canadian Western Bank (CWB) Group of companies in
1996 and immediately established itself as an integral part of CWB's overall
business. Since joining CWB, assets under administration in Canadian Western
Trust have grown nearly tenfold and totaled $3.6 billion at January 31, 2007.
"It is truly gratifying to have earned the recognition and confidence of
individuals and industry associates that have embraced our value proposition
and highly personal approach to business," said Adrian Baker, Vice President
and Chief Operating Officer of Canadian Western Trust. "We continue to expand
our market presence within Western Canada and our success over the past two
years in serving more Ontario based clients has also been very rewarding,
particularly as it relates our future growth opportunities."
"Our mission at Canadian Western Trust is to be recognized as the
industry leader in trust services through offering our clients the best
financial products, services and solutions," said Scott Scobie, Managing
Director of Sales & Marketing. "Our focus on customer service and ability to
provide clients a prompt and solution oriented response sets us apart."
About Canadian Western Bank Group
Canadian Western Bank offers highly personalized service through 33
branch locations and is the only publicly traded Schedule I chartered bank
headquartered in and regionally focused on Western Canada. The Bank, with
total balance sheet assets of $7.6 billion and assets under administration of
$3.6 billion, specializes in mid-market commercial lending and offers a full
range of retail services. Trust services to independent financial advisors,
corporations and individuals are also provided through the Bank's wholly owned
subsidiaries, Canadian Western Trust Company and Valiant Trust Company.
Canadian Direct Insurance Incorporated is a wholly owned subsidiary providing
personal auto and home insurance to customers in BC and Alberta. The common
shares of Canadian Western Bank are listed on the Toronto Stock Exchange under
the trading symbol "CWB". For more information see the Bank's website at
For further information:
For further information: Adrian Baker, Vice President & Chief Operating
Officer, CWT, at (604) 699-4801, or firstname.lastname@example.org; Scott Scobie,
Managing Director, Sales & Marketing, Canadian Western Trust, at (604)
699-4858, or email@example.com