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EQB Inc T.EQB

Alternate Symbol(s):  EQGPF

Financial Services
EQB Inc. is a digital financial services company, with combined assets under management and administration. Through its subsidiary, Equitable Bank, offers banking services. It operates through two main divisions: Personal Banking and Commercial Banking. Personal Banking operates through five business lines: EQ Bank, residential lending, wealth decumulation, and consumer lending through partnerships, a segment added with the Concentra Bank acquisition, and payments as a service supporting its fintech partners. Its diversified product suite consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages, insurance lending, and payment infrastructure partnerships. Commercial Banking operates through seven business lines: business enterprise solutions, commercial finance group, multi-unit insured, specialized finance, equipment leasing, credit union and Concentra trust. It provides personal and commercial banking through its EQ Bank platform.


TSX:EQB - Post by User

EQB Inc
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Post by Betteryear2on Feb 28, 2022 3:55pm
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Post# 34468883

Successful Completion of $500 Million Deposit Notes

Successful Completion of $500 Million Deposit NotesTORONTO, Feb. 28, 2022 /CNW/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of Equitable Group Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today announced the closing of two deposit notes for a combined total of $500 million, with a $250 million 1.8-year fixed-rate tranche and a $250 million 4-year fixed-rate tranche.
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