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Equitable Bank advances innovation and inclusion in Canadian banking in latest Public Accountability Statement
Equitable Bank advances innovation and inclusion in Canadian banking in latest Public Accountabil...
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[{"type":"text","content":"\n\n\n\n Equitable Bank advances innovation and inclusion in Canadian banking in latest Public Accountability Statement\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n March 12, 2025\n \n\n /CNW/ - Equitable Bank,\n \n Canada's\n \n Challenger Bank™, today released its Public Accountability Statement (PAS) for fiscal 2024. The report outlines Equitable Bank's commitment to supporting underserved communities, advocacy for improvements to\n \n Canada's\n \n banking infrastructure and efforts to drive innovation and build a fairer, more inclusive financial landscape for Canadians.\n \n\n\n\n\n\n\n\n\n \"It's more important than ever for Canadians to understand where their financial institutions stand on the issues that matter to them. We're proud to share how fairness, transparency, inclusion and accountability remain foundational elements of our Challenger mission to drive change in banking to enrich people's lives,\" said\n \n Andrew Moor\n \n , president and CEO, Equitable Bank. \"We remain focused on creating value for Canadians and driving innovation that reshapes banking for the better. Our bold approach is rooted in putting people first, and that will never change.\"\n \n\n Each year, Equitable Bank shares its PAS to outline progress in its impact on Canadian communities and society at large. Grounded in the bank's five core values of respect, integrity, service, empowerment and agility, Equitable Bank is making many strides in upholding its responsibility to all Canadians.\n \n\n Key highlights for 2024 include:\n \n\n\n\n Advancing affordable housing –\n \n Maintained its position as\n \n Canada's\n \n largest securitizer of multi-unit residential buildings insured by the Canada Mortgage and Housing Corporation, funding\n \n $4.3 billion\n \n across 129 term loans, 41 construction loans and 170 properties nationwide\n \n\n\n Supporting Canadians with disabilities\n \n – Launched a national campaign through Concentra Trust to raise awareness for the Registered Disability Savings Plan, ...