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EQB Inc. T.EQB

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

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.


TSX:EQB - Post by User

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Post by retiredcfon Nov 10, 2022 12:34pm
157 Views
Post# 35088880

CEO on BNN

CEO on BNN

We don't think losses are going to be material over the next year: Equitable Bank CEO 

Andrew Moor, president and CEO at Equitable Bank, joins BNN Bloomberg to chat third quarter numbers after the company reported a record net interest margin. In terms of housing and the current macro environment, Moor says that while he wouldn't be surprised to see mortgage delinquencies increase in the future, he doesn't think losses will be material over the next year or two.

https://www.bnnbloomberg.ca/video/we-don-t-think-losses-are-going-to-be-material-over-the-next-year-equitable-bank-ceo~2560256

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