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Versabank T.VBNK

Alternate Symbol(s):  VBNK

Financial Services
VersaBank is a Canada-based chartered bank. The Bank provides commercial lending and banking services in Canada and the United States, as well as cybersecurity services and banking and financial technology development services through the operations of its wholly owned subsidiary DRT Cyber Inc. (DRTC). It operates through two segments: Digital Banking and DRTC (cybersecurity services). The Digital Banking segment obtains its deposits and provides its loans and leases electronically via deposit and lending solutions for financial intermediaries. Its loan portfolio includes point-of-sale loans and leases, commercial real estate mortgages, commercial real estate loans and public sector and other financing. The DRTC segment develops solutions to address the volume of cyber threats challenging financial institutions, multi-national corporations and government entities. It also offers receivable purchase program (RPP) funding solution for point-of-sale finance companies.


TSX:VBNK - Post by User

Versabank > Versabank in the news on cryptocurrency and fintech sites
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Comment by Rational43on Feb 24, 2021 2:00pm
195 Views
Post# 32648646

RE:RE:Versabank in the news on cryptocurrency and fintech sites

RE:RE:Versabank in the news on cryptocurrency and fintech sitesNever underestimate the value of a little hype - look at Tesla.  

Share price gets driven up, it can make a cheap share based acquisition of a US bank to launch the next x10 growth.

Plus VCAD will create even more 0% interest money for VB to fund its expansion on.

Market plowing a TRILLION into cryptocurrencies, and Versabank is actually able to use the technology to enable real transactions.  

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