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Equitable Bank to acquire Concentra Bank - SaskCentral

TORONTO, Feb. 7, 2022 /CNW/ - Equitable Bank (Equitable or Canada's Challenger Bank™), the wholly owned subsidiary of Equitable Group Inc. (TSX:EQB) (EQB.PR.C), the Credit Union Central of Saskatchewan (SaskCentral) and Concentra Bank (Concentra) announced today that Equitable has entered into definitive agreements by which Equitable will acquire a majority interest in Concentra (the "Acquisition"), the 13th largest Schedule I bank in Canada with $11.3 billion in assets at November 30, 2021.

Wednesday | February 9, 08:54 AM
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