MONTREAL, June 19 /CNW Telbec/ - Laurentian Bank is pleased to announce
that, subsequent to a call for tenders issued by Métrocom s.e.c., the company
that manages the commercial spaces for the Société de transport de Montréal's
(STM) Metro, it has been entrusted with the exclusive mandate to operate the
automatic banking machines (ABMs) in all of the STM's Metro stations. The Bank
will install 44 new ABMs in addition to the 26 already in place. Thus, these
70 machines will cover 63 different subway stations.
Thanks to the solidity of its offer to Métrocom, this coming August and
September, the Bank will be replacing the 44 ATMs previously operated under
other banners. Laurentian Bank has been recognized for the quality of the
automated services it has been offering in the Metro since 1997, as well as
for its expertise in operating ABMs outside of its branches in Québec. With
this contract, Montréal Metro users will be able to benefit from unparalleled
banking service backed by equipment that features state-of-the-art technology
and high security.
"We are delighted to receive this show of confidence that demonstrates
Laurentian Bank's leadership within Québec's banking sector," underlines Luc
Bernard, Executive Vice-President, Retail and SME Québec. "There are close to
1.2 million rides provided through the STM network on any given day, and we
are proud that Metro users will be able to enjoy Laurentian Bank's excellent
services, whether they be our clients or not."
A Bank in Close Proximity and Readily Accessible to Clients
These new ATMs will bring the total number of units operated by
Laurentian Bank in Québec to 396. With proximity and simplicity constituting
values that are fundamental to the organization's approach to customer
service, the expansion of its ABM network serves to reinforce its position as
the third largest bank in Québec in terms of number of branches.
According to the latest Léger Marketing survey on the most admired
companies published in February 2009 in Commerce magazine, Laurentian Bank
ranks second in Québec within the financial institution category.
About Laurentian Bank
Laurentian Bank of Canada is a banking institution operating across
Canada and offering its clients diversified financial services.
Differentiating 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 $20 billion in balance sheet assets
and more than $13 billion in assets under administration. Founded in 1846, the
Bank employs more than 3,400 people.
For further information:
For further information: Gladys Caron, Vice-President, Public Affairs,
Communications and Investor Relations, (514) 284-4500, extension 7511,