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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 > AGM docs
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Comment by ferret_caon Apr 21, 2021 8:26pm
193 Views
Post# 33042216

RE:AGM docs

RE:AGM docsthat's sounds similar to what they do in the oil industry with their company savings plan, you can invest a certain % of your salary (usually around 6%) and the company matches dollar for dollar in the purchase of company shares. this is a bit different but same idea it seems.

did anyone listen to the agm today, I haven't had time yet, maybe tomorrow.

cheers ferret
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