MONTREAL, Feb. 11 /CNW Telbec/ - Mr. Réjean Robitaille, President and
Chief Executive Officer of Laurentian Bank, has been ranked 2nd among the most
influential individuals within Quebec's financial sector. Last year, Mr.
Robitaille placed 7th on the list endorsed and published by Finance et
"I am very pleased with this distinction," underlined Mr. Robitaille. "It
serves as an acknowledgement of Laurentian Bank's increasingly enviable
position within the industry. In fact, the Bank is a solid, well capitalized
and growing institution, and it is thanks to the efforts of our dedicated
personnel that the organization succeeded in generating record results in 2008
and in exceeding all of its objectives."
In addition to Laurentian Bank's loan and deposit portfolios having grown
by $3.2 billion and its net earnings by more than $100 million this past
fiscal year, the organization's performance has improved by an annual
compounded rate of 30% since 2004. Mr. Robitaille is delighted about the fact
that the Bank's performance is getting more and more recognition. "In view of
the highly positive results posted last year, he added, we are pursuing our
game plan by putting our emphasis on commitment to excellence in all that we
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 accessibility,
the Bank serves individual consumers and small and medium-sized businesses.
The Bank offers its products to a wide network of independent financial
advisors through B2B Trust, as well as full- service brokerage solutions
through Laurentian Bank Securities.
With 156 branches and 342 automated banking machines, Laurentian Bank of
Canada is well established in the Province of Quebec, operating the
third-largest branch network. Elsewhere throughout Canada, it operates in
specific market segments where it holds an enviable position. Laurentian Bank
of Canada has more than $19 billion in balance sheet assets. Founded in 1846,
the Bank employs nearly 3,400 people.
For further information:
For further information: Gladys Caron, Vice-President, Public Affairs,
Communications and Investor Relations, (514) 284-4500, extension 7511,