Thursday - April 25, 2024
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Statement From the Canadian Bankers Association on the Bank of Canada Standing Term Liquidity Facility
TORONTO, Ontario, April 1 -- The Canadian Bankers Association issued the following statement: The Canadian Bankers Association announced that nine banks, including the country's six largest, have each accessed the Bank of Canada's new Standing Term Liquidity Facility (STLF). The Bank of Canada has encouraged Canadian financial institutions to use the STLF. Bank of Montreal, Canadian Western Bank, CIBC, Equitable Bank, HSBC Bank Canada, National Bank of Canada, RBC Royal Bank, Scotiabank and TD  more