Monday, April 18, 2016

National Bank of Canada - NA.t

National Bank of Canada - NA.t is the sixth largest commercial bank in Canada. It is headquartered in Montreal with branches in most Canadian provinces and 2.4 million personal clients.

On April 15, 2016 the company released News

National Bank held its annual meeting of shareholders today at the Bank’s head office in Montreal. Founded in Quebec City in 1859, National Bank has been an active player in Montreal’s development for nearly 145 years.
Solid performance
During the meeting, Louis Vachon, President and Chief Executive Officer, highlighted National Bank’s solid performance in fiscal 2015 and the first quarter of 2016. In addition to delivering a sound performance across all business segments and increasing loan and investment volumes, the Bank continued to invest in technology in order to better serve its clients.
Clearly defined drivers of growth
Over the next quarters, National Bank will pursue its business priorities focussing on three main drivers of growth.
·  Technological investmentsBuilding on a multi-channel offering that complements an increasingly modern branch network centred on technology and advisory services.
·  Targeted expansion across CanadaContinuing to develop the services National Bank is noted for, especially in Western Canada, such as private banking, government financing, infrastructure financing and specialized markets for business, e.g., agriculture, healthcare, film and television.
· A structured approach to international developmentStrengthening the Bank’s presence in certain geographical markets with attractive long‑term growth potential, including Asia and Africa.