MONTREAL, May 5, 2016 /CNW Telbec/ - Laurentian Bank announced today a $25,000 donation to the Canadian Red Cross in support of those affected by damages and displacement caused by the wildfires near Fort McMurray, Alberta.
"We are wholeheartedly with the people affected by the destructive fires that are hitting the Fort McMurray area. This is a disastrous tragedy and we commend the remarkable work done by the various emergency response personnel and volunteers on the frontline for ensuring the safety of the residents", said François Desjardins, President and CEO of Laurentian Bank.
B2B Bank, a subsidiary of Laurentian Bank, will work with impacted mortgage clients to help them through this challenging time.
Laurentian Bank branches will be accepting public donations for the Canadian Red Cross from May 6 to June 6, 2016.
About Laurentian Bank
Laurentian Bank of Canada is a banking institution whose activities extend across Canada. The Bank serves one and a half million clients throughout the country and employs more than 3,700 people whose talent and dedication have made it a major player in numerous market segments. The Bank has more than $40 billion in balance sheet assets and $42 billion in assets under administration.
Laurentian Bank distinguishes itself through the excellence and simplicity of its services. The Bank caters to the needs of retail clients via its branch network. The Bank has also earned a solid reputation among small and medium-sized enterprises and real estate developers thanks to its specialized teams across Canada, namely in Ontario, Québec, Alberta, British Columbia and Nova Scotia. For their part, B2B Bank is a Canadian leader in providing banking and investment products and services to financial advisors and brokers, while the expertise and effectiveness of Laurentian Bank Securities' integrated brokerage services are known nationwide.
SOURCE Laurentian Bank of Canada
For further information: Hélène Soulard, Assistant Vice-President, Communications, 514 284-4500, extension 8232, [email protected]