Laurentian Bank Entering the Leasing Field

MONTREAL, Oct. 9, 2013 /CNW Telbec/ - Laurentian Bank announced today that it 
is expanding the range of financing solutions it offers to its commercial 
clients with the addition of leasing products. With these products, the Bank 
will be able to provide a new alternative to businesses across Canada for the 
acquisition of their equipment. 
"We are very proud to be launching our leasing solutions today," underlines 
Stéphane Therrien, Executive Vice-President, Business Services. "Our clients 
regularly expressed their hope that we would make this option available to 
them. In fact, our clientele in numerous industries have specific needs with 
respect to specialized equipment. To complement our leasing product offering, 
we will provide the support of a team with solid expertise in the principal 
sectors we are involved in." 
Equipment financing constitutes a significant challenge for many companies in 
view of the major costs involved. Therefore, Laurentian Bank designed its 
leasing solutions with the aim of providing tangible support to businesses 
with regard to the modernization of their equipment. By keeping their 
technology state-of-the-art, businesses will be able to increase their 
productivity, while enhancing their competitiveness within their respective 
It is vital for companies today to be able to obtain financing that reflects 
the true value of their equipment in order to minimize initial costs and 
facilitate the acquisition process. That is precisely the rationale behind 
Laurentian Bank's approach. In addition to enriching the existing line of 
products currently offered by the Bank, these specialized equipment financing 
solutions provide clients with greater choice and flexibility when it comes to 
the acquisition of both new and used equipment. 
Laurentian Bank is very active serving the needs of commercial clients across 
Canada. Via its teams of specialists in Québec, Ontario, Alberta and British 
Columbia, the Bank offers a comprehensive range of financing, investment and 
transactional products, as well as foreign exchange transactions and credit 
documentation, Private Banking, and other services through its Laurentian Bank 
Securities subsidiary. For its part, the Business Services team has developed 
specialized expertise, products and services within the real estate financing, 
energy, infrastructure, transportation, construction, health, agricultural and 
manufacturing sectors. 
About Laurentian Bank 
Laurentian Bank of Canada is a pan-Canadian banking institution that has more 
than $34 billion in balance sheet assets and $37billion in assets under 
administration. Founded in 1846, Laurentian Bank was selected in 2012 as one 
of the 10 winners of the Canada's Passion Capitalists program in recognition 
of its sustained success through the promotion of passion within its ranks. 
The Bank employs more than 4,200 people. 
Recognized for its excellent service, proximity and simplicity, Laurentian 
Bank serves more than one million clients in market segments in which it holds 
an enviable position. In addition to occupying a choice position among 
consumers in Québec, where it operates the third largest branch network, the 
Bank has built a solid reputation across Canada in the area of real estate and 
business financing thanks to its teams working out of more than 35 offices in 
Ontario, Quebec, Alberta and British Columbia. Its subsidiary, B2B Bank, is a 
Canadian leader in providing banking products as well as investment accounts 
and services to financial advisors and brokers, while Laurentian Bank 
Securities is an integrated broker, widely known for its expertise and 
effectiveness nationwide.

SOURCE  Laurentian Bank of Canada 
 Gladys Caron Vice-President, Public Affairs, Communications and Investor 
Relations 1 855 707 0888   
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CO: Laurentian Bank of Canada
ST: Quebec
-0- Oct/09/2013 12:00 GMT
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