National Bank of Canada finalizes acquisition of Canadian Western Bank to expand westward
Acquiring Company
National Bank of Canada
Acquired Company
Canadian Western Bank
MontrealEdmontonFinancial ServicesFinanceFintechLendingBankingBankingDescription
National Bank of Canada has successfully completed the acquisition of Canadian Western Bank. The integration activities will begin as National Bank looks forward to welcoming CWB clients and employees in the coming months. This acquisition allows National Bank to provide customers with an expanded product and service offering nationally, while maintaining regional expertise.
Quick answer
National Bank of Canada is acquiring Canadian Western Bank, announced February 3, 2025. National Bank of Canada is based in Montreal, Quebec, Canada.
- How much did National Bank of Canada pay for Canadian Western Bank?
- The deal value was not disclosed.
- What does National Bank of Canada do?
- National Bank of Canada is one of the country’s leading integrated financial groups.
- Where are National Bank of Canada and Canadian Western Bank based?
- National Bank of Canada is based in Montreal, Quebec, Canada. Canadian Western Bank is based in Edmonton, Alberta, Canada.
- Who are the decision-makers at National Bank of Canada?
- Fundz holds 5 contacts at National Bank of Canada. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at National Bank of Canada, and when
When National Bank of Canada changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Related People
Frequently asked
Who acquired Canadian Western Bank?
Canadian Western Bank was acquired by National Bank of Canada, based in Montreal. The deal was reported on February 3, 2025. National Bank of Canada is one of the country’s leading integrated financial groups. With over $454 billion in total assets, it offers comprehensive financial services to millions of clients in Canada and abroad. National Bank of Canada is privately held and operates in Financial Services.
When did National Bank of Canada acquire Canadian Western Bank?
National Bank of Canada's acquisition of Canadian Western Bank was reported on February 3, 2025. National Bank of Canada has successfully completed the acquisition of Canadian Western Bank. The integration activities will begin as National Bank looks forward to welcoming CWB clients and employees in the coming months. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Canadian Western Bank do?
Canadian Western Bank (CWB) is based in Edmonton, Alberta, and has branches in British Columbia and Ontario, serving personal and small-to-medium business clients. It is privately held, operating in Banking, and is based in Edmonton.
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