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National Bank Again Ranks Among the 20 Strongest Banks in the World

National Bank Again Ranks Among the 20 Strongest Banks in the World 
MONTREAL, May 3, 2013 /CNW Telbec/ - National Bank has been named one of the 
20 strongest banks in the world by internationally renowned Bloomberg Markets 
magazine for the third year running. This is an exceptional accomplishment, 
further to the Bank's massive investments in its development and enhancing its 
client service offering. 
"National Bank ended its most recent quarter with record-breaking financial 
performance in addition to having one of the best track records in Canada for 
loan losses. The latest ranking by Bloomberg Markets confirms that the Bank is 
well positioned to continue being a key economic and social driver for all its 
stakeholders," stated Louis Vachon, President and Chief Executive Officer. 
Bloomberg based its ranking on the following five criteria: Tier 1 capital 
ratio; (2) non-performing assets to total assets; (3) loan loss reserves to 
non-performing assets; (4) stability, measured in terms of the ratio of 
deposits to funding; and (5) efficiency. 
This distinction follows closely on the heels of Bloomberg Markets recognition 
of National Bank as one of the top 40 greenest banks in the world for a second 
consecutive year, and was earned as a result of the many partnerships National 
Bank has forged with organizations and businesses over numerous years to 
promote initiatives that further sustainable community development. 
In recent months, the Bank also earned many accolades for the quality of its 
products and services, human resources management practices and social 
engagement, including the: 


    --  Best Employers in Quebec (Aon Hewitt)
    --  Best Employer for New Canadians (Mediacorp Canada)
    --  Canada's Best Diversity Employers (Mediacorp Canada)
    --  Canada's 10 Most Admired Corporate Cultures(TM) (Waterstone
        Human Capital)
    --  50 Best Employers in Canada (Aon Hewitt)
    --  Best Canadian Brands (Interbrand)

About National Bank of Canada
With $184 billion in assets as at January 31, 2013, National Bank of Canada 
(www.nbc.ca) together with its subsidiaries, forms one of Canada's leading 
integrated financial groups, and has been named among the 20 strongest banks 
in the world by Bloomberg Markets. The Bank has close to 20,000 employees and 
is widely recognized as a top employer. Its securities are listed on the 
Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social 
media and learn more about its extensive community involvement at 
clearfacts.ca and commitment.nationalbank.ca.

(The telephone number provided below is for the exclusive use of  journalists 
and other media representatives.):

Claude Breton Assistant Vice-President - Public Affairs National Bank Tel.: 
514-394-8644

SOURCE: National Bank of Canada

To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/May2013/03/c3524.html

CO: National Bank of Canada
ST: Quebec
NI: FIN ENT FIN 

-0- May/03/2013 19:43 GMT


 
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