Laurentian Bank's new Business Performance banking plans: Simplicity and flexibility for SMEs

    MONTREAL, Sept. 5 /CNW Telbec/ - Laurentian Bank is adding four new
products to its MAXAFFAIRES line of services - the Business Performance
banking plans. Designed for businesses with more extensive needs regarding the
volume of their transactions, these banking plans are more specifically aimed
at business clients who want to optimize their bank charges and ensure
effective management of their deposits, particularly night deposits.
    These banking plans are offered according to four formulas providing for
150, 180, 225 or 300 transactions per month, some of which can be executed at
the branch. In addition to the peace of mind these banking plans offer,
clients can benefit from other advantages, including savings of up to 45% on
individual transaction charges, a more extensive transaction limit than the
one offered by the basic commercial packages, and a no-charge cash deposit
limit of up to $20,000/month.
    "With the new Business Performance banking plans, we have optimized our
offer of packages to SMEs so that they can manage their business more
efficiently, while avoiding banking transactions billed one at a time," points
out Luc Bernard, Executive Vice-President, Retail and SME Financial Services.
This is a solution specifically designed to meet SME needs for flexibility and
    These new products are in addition to the line of Business banking plans,
launched in spring 2006, which provide for 10, 25, 45, 65 or 90 transactions
per month.
    Laurentian Bank's MAXAFFAIRES commercial banking services offer
businesses access to personalized service and a competitive product line.
About 200 people specializing in commercial banking services devote all their
energy to developing customized solutions and guiding their clients in the
development and their projects. MAXAFFAIRES meet the needs of the
manufacturing, service, retail, agricultural and real estate sectors and
specialists in international trade. These services are offered through
29 Commercial Banking Centres, including 22 in Quebec, and 158 bank branches.

    About Laurentian Bank

    Laurentian Bank of Canada, is a Quebec banking institution operating
across Canada dedicated to meeting the financial needs of its clients through
excellence in service, as well as through its simplicity and proximity. The
Bank serves individual consumers, small and medium-sized businesses as well as
financial advisors through B2B Trust. It also provides full-service brokerage
solutions through its Laurentian Bank Securities subsidiary. Laurentian Bank
is well established in the Province of Quebec, operating the third largest
retail branch network and is a performing player in specific market segments
elsewhere in the country. Laurentian Bank of Canada has over $17 billion in
balance sheet assets and $15 billion in assets under administration. Founded
in 1846, the Bank employs more than 3,300 people. Its common shares are listed
on the Toronto Stock Exchange (TSX: LB). For more information, please visit

For further information:

For further information: Gladys Caron, Vice-President, Public Affairs,
Communications and Investor Relations, (514) 284-4500, extension 7511,
Cellular: (514) 893-3963,

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Laurentian Bank of Canada

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