Laurentian Bank of Canada

The Laurentian Bank of Canada (or Banque Laurentienne du Canada) is a medium-sized universal bank with activities in Quebec, Ontario, British Columbia and Territories, Alberta and the Prairies and the Atlantic provinces. The Bank employs over 2,700 people and maintains about 60 retail branches and 110 ATMs across the country. It also has a presence in the United States through Northpoint Commercial Finance (NCF), a non-bank inventory finance lender. Laurentian's main business areas are retail and business banking, B2B Bank segment and Capital Markets segment which includes Laurentian Bank Securities subsidiary. The company offers chequing accounts, high interest savings and seniors accounts, Youth plans, day by day US dollar account, term deposits, consumer and car loans, low rate credit cards, student loans, small business lending, mortgages, lines of credit, private banking, life and disability insurance, real estate products, mutual funds, guaranteed investment certificates as well as equipment finance and short- and long-term investment solutions. It also offers foreign currency accounts, payment services, Visa business cards, international transaction settlement, mobile and online banking and more. The company was established in 1846 and is headquartered in Montreal, Quebec. As of July 31, 2024, Laurentian Bank Financial Group had total assets of C$47.5 billion, deposits of C$23 billion and shareholders’ equity of C$2.8 billion. The Bank’s common shares are traded on the Toronto Stock Exchange (TSX), with a market capitalization of over $1.3 billion as of December 1, 2024.
Fast Facts:
Number of branches: 57
Number of ATMs: 110
Number of employees (FTE): 2,703
Main Subsidiaries:
B2B Bank
Laurentian Bank Insurance Inc
Laurentian Bank Securities Inc
Laurentian Capital (USA) Inc
Laurentian Trust of Canada Inc
LBC Capital Inc
LBC Leasing Limited Partnership
NCF International S.a.r.l. (Luxembourg)
Northpoint Commercial Finance Canada Inc
NCF Commercial Finance Holdings Inc
LBC Financial Services Inc
LBC Investment Management Inc
V.R. Holding Insurance Company Ltd (St. James, Barbados)
VRH Canada Inc, LBC Tech Inc, LBC Trust
Head office address:
1360 René-Lévesque Blvd West
Suite 600, Montreal
Quebec H3G 0E5, Canada
Tel: 1 514 284 7192
Toll-free number: 1 800 252 1846
Website: www.laurentianbank.ca
199 Bay Street, Suite 600
Toronto, Ontario M5L 0A2
Canada
5035 South Service Road, Suite 500
Burlington, ON L7L 6M9