EQB Inc. T.EQB

Alternate Symbol(s): T.EQB.P.C | EQGPF

Financial Services

EQB Inc. operates through its wholly owned subsidiary Equitable Bank. Equitable Bank provides diversified personal and commercial banking through its EQ Bank platform. The Company operates through two main divisions: Personal Banking and Commercial Banking. Its Personal Banking segment consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages, insurance lending, and payment infrastructure partnerships. Its savings products are offered through EQ Bank, Equitable Bank, Equitable Trust, and a network of independent financial planners and brokers. Its Commercial Banking segment lends loans through a network of mortgage and leasing brokers, lending partners, and other financial institutions. Commercial loans involve lending on multi-unit residential, industrial and office buildings, and other commercial properties. It also specializes in the creation, structuring, and management of pooled Canadian commercial mortgage funds.

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EQB Inc.

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Post by Betteryear2on Nov 02, 2021 4:49pm

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Post# 34079308

Delivers on Ambitious 2021 Growth Agenda in Q3

Canada's Challenger Bank™ Provides First Outlook for 2022 – Continued Momentum

TORONTO, Nov. 2, 2021 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.C) (Equitable or the Bank) today reported substantial growth in conventional loans and deposits for the three and nine months ended September 30, 2021 as Equitable Bank (Canada's Challenger Bank™) delivered to plan, served its purpose of driving change that enriches the lives of Canadians and laid the groundwork for a very positive 2022 performance outlook.