Story about Laurentian Bank of Canada
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Sending to shakepay triggered an immediate lock on my EMT.
Laurentian Bank of Canada
in Canada 🇨🇦
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About Laurentian Bank of Canada in Canada
Laurentian Bank of Canada is a Schedule I bank operating primarily in Canada, with a strong presence in Quebec and additional commercial operations across Ontario, Alberta, British Columbia, and Nova Scotia. Founded in 1846, the bank serves retail, commercial, and business banking clients. With approximately 2,800 employees and $24+ billion in assets, Laurentian Bank has historically focused on personal banking, small and medium-sized enterprises (SMEs), commercial real estate lending, and specialized financial services.
In December 2025, the bank announced a significant strategic transformation. It agreed to be acquired by Fairstone Bank of Canada for C$1.9 billion, while its retail and SME banking portfolios will be acquired separately by National Bank of Canada. This transformation will position Laurentian Bank as a specialty commercial bank focused on commercial real estate lending, inventory and equipment financing, intermediary services, and capital markets activities.