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Fri, 19 Nov 2021 23:05 GMT
MONTREAL, Nov. 19, 2021 (GLOBE NEWSWIRE) -- The Laurentian Bank of Canada (TSX: LB) (the "Bank") announces a $25,000 donation to the Canadian Red Cross to support immediate and ongoing relief efforts in the regions in British Columbia impacted by the current flooding.
"The entire Laurentian Bank team stands with British Columbians who are going through an unimaginable situation. We are in close communication with our BC-based employees to ensure their safety and are proactively reaching out to affected customers and offering tailored solutions to support them during these challenging times," said Rania Llewellyn, President and CEO of Laurentian Bank.
The Bank’s donation will be used to get help to people in and around affected areas as quickly as possible and provide humanitarian assistance for new needs as they arise.
About Laurentian Bank Financial Group
Founded in 1846, Laurentian Bank Financial Group is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the “Group” or the “Bank”).
With more than 2,900 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its personal, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.
The Group has $44.9 billion in balance sheet assets and $31.2 billion in assets under administration.
Senior Manager, Media Relations
Laurentian Bank of Canada