Issue 48 – Equitable Group – Capitalizing on The Digital Banking Trend

Equitable Group Inc (TSX: EQB) is a Canadian financial services company that provides first mortgage financing across Canada. Branding itself as Canada’s Challenger Bank™, the company specializes in multi-unit residential and alternative single-dwelling mortgage financing. EQB has grown to become the country’s ninth largest independent Schedule I bank, and its shares were added to the TSX Composite Index in 2019. Among Canada’s Schedule I banks, EQB has the distinction of having no ‘brick and mortar’ physical branches. As a branchless ‘virtual bank’, EQB remains focused on offering superior customer service.

 

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By Charles Marleau CIM® and William Mitchell CIM®

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By Charles Marleau CIM® and William Mitchell CIM®

 

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By William Mitchell