With EQB the Big Six becomes the Big Seven
Most Canadians when they hear the expression "The Big Six"think about registered banks.Of course the big six include Royal Bank.TD Bank,CIBC,Bank of Montreal,Scotiabank and National Bank.These banks make up the core of Canadian banking.EQB is,of course, much smaller in total assets than the next biggest bank.National Bank (6) has total assets of about $620 billion in comparison to EQB which is about $180 billion in total assets including it's digital operation assets.EQB is smaller than the other "big six" banks but it has always had operational quality.In 2021,2022 and 2023 it was ranked number1 of the top schedule1 Canadian banks by Forbes Banking. History EQ Bank(EQB) was formerly known as Equitable Trust with it's headquarters in Hamilton..It became a bank and got it's federal charter in 2013.It showed it's customers good growth until 2016 when it released it's digital branches platform.And it was all operated in the cloud.The digital branche...
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