EBQ Bank - Buy Sell Will it succeed
Posted by Ojira Casovsky on October 13th, 2022
TORONTO, April 19, 2022/ CNW/- EQ Bank, powered by Equitable Bank, Canada's Challenger Bank ™, has been named the top Schedule I bank in Canada for the alternate time in a row on the Forbes list of World's Stylish Banks 2022. The World's Stylish Banks were named grounded on over,000 consumer checks representing 27 different countries.
" Being honored by our own guests in this way is really comforting and a evidence point that we're on the right track in erecting a ultramodern digital bank," said Andrew Moor, President and CEO of Equitable Bank." We put enormous emphasis on no- gibberish banking that delivers exceptional value – like all- in- one combined chequing and savings accounts, and fast transnational plutocrat transfers. This recognition is confirmation that we are following through on those commitments." Actors in the global checks were asked to rate every bank at which they've a chequing or savings regard on overall recommendation and satisfaction, as well as rate the banks in five different criteria Trust, Terms & Conditions, client Services, Digital Services, and Financial Advice. All credit institutions offering chequing and/ or savings accounts were eligible to be considered for thisrecognition.EQ Bank launched in 2016 and from the launch has challenged the notion of what everyday banking should be. Its first product, the EQ Bank Savings Plus Account combined features set up in chequing accounts with savings accounts. Add in no everyday banking freights, unlimited deals, unlimited free bill payments and Interace-Transfers ®, flawless free transfers between Canadian banks, transnational plutocrat transfers powered by Wise, and GICs that can be bought at the touch of a button, and you can see some of the reasons further people are choosing EQ Bank. EQ Bank now has further than$ 7 billion in deposits and over,000 guests, and latterly this time it plans to launch its own card, making point of trade payments and access to finances indeed more accessible. The World's Stylish Banks 2022 was blazoned on April 13, 2022, and is presented by Forbes and StatistaInc., the world- leading statistics portal and assiduity ranking provider. The final list recognizes the top 500 companies around the world and can be viewed on the Forbes website.
About EQ Bank
EQ Bank, the digital banking platform launched in 2016 by Equitable Bank( a federally regulated Schedule I bank), provides state- of- the- art digital banking services. The Savings Plus Account reimagines banking by offering an everyday high interest rate, plus the inflexibility of a chequing account, with free deals, no everyday banking freights, no minimal balances, presto, cheap, and completely transparent transnational plutocrat transfers, and further all from one account. Its Guaranteed Investment instruments( GICs) also offer Canadians a wide range of options with competitive rates. To learn more, please visitwww.eqbank.ca.
About Equitable Bank
Equitable GroupInc. trades on the Toronto Stock Exchange( TSX EQB,EQB.PR.C andEQB.R) and serves further than,000 Canadians through its wholly- possessed attachment Equitable Bank, Canada's Challenger Bank ™. Equitable Bank has a clear accreditation to drive change in Canadian banking to enrich people's lives. innovated over 50 times agone , Equitable Bank provides diversified particular and marketable banking services. Please visitequitablebank.ca for details.
TORONTO,Sept. 6, 2022/ CNW/- EQ Bank, powered by Equitable Bank, Canada's Challenger Bank ™, blazoned it's adding its interest rate by0.35 to2.001, effective September 6, 2022.
" Being suitable to offer meaningful value on an everyday bank account can be a real benefit to the average client," said Mahima Poddar, Group Head of Personal Banking." When we look at the rates offered on accounts in the request, EQ Bank stands out as furnishing Canadians one of the stylish values, both now and long term. With a high everyday interest rate, guests can earn on their balances when plutocrat comes in and before it goes out, whether it's for bills, their mortgage or other diurnal spending requirements. We also stay down from promo rates; always offering our stylish rates to everyone, not just new or favored guests. It's all part of what we are doing to produce a banking experience that allows our guests to get ahead while they meet their everyday banking requirements."
In addition to the2.00non-promotional rate, EQ Bank's easy sign- up process, no diurnal banking freights, unlimited deals, flawless free transfers between Canadian banks, fast transnational plutocrat transfers, and great rates on GICs that can be bought at the touch of a button are just some of the reasons further people are choosing EQ Bank as their primary bank. There are also further advancements planned to keep pushing the boundaries of what smart, value-first everyday banking can be. In the coming months, EQ Bank will launch its first payment card, creating more accessible access to finances and furnishing prices for point- of- trade purchases.
The new2.00 interest rate is available as of September 6, 2022, to all current and new guests, and applies to EQ Bank Savings Plus Accounts, TFSA Savings Accounts and RSP Savings Accounts. With over$ 7 billion in deposits and further than,000 guests, EQ Bank was named the top Bank in Canada on the Forbes World's Stylish Banks 2021 and 2022 list.
All EQ Bank deposit products are eligible for CDIC deposit insurance †
About Equitable Bank
EQBInc. trades on the Toronto Stock Exchange( TSX EQB,EQB.PR.C andEQB.R) and serves further than,000 Canadians through its wholly possessed attachment Equitable Bank, Canada's Challenger Bank ™. Equitable Bank has a clear accreditation to drive change in Canadian banking to enrich people's lives. innovated over 50 times agone , Equitable Bank provides diversified particular and marketable banking and through its EQ Bank platform(eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Stylish Banks 2022 and 2021 lists. Please visitequitablebank.ca for details.
1 Interest is calculated daily on the total ending balance and paid yearly. Rates are per annum and subject to change without notice.
† Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.
