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B+

Review of EQB Inc.

OCT 10, 2024 - EQB operates through its subsidiaries, Equitable Bank, EQ Bank, ACM Advisors, Bennington Financial, and Concentra Trust. Known as Canada’s Challenger bank, it serves 578,000 Canadians and nearly 200 Canadian credit unions. EQB has gradually expanded its market share in the Canadian banking space, and has demonstrated its strength in the lending, deposits, and fee-based businesses space. We are maintaining our coverage of ‘B+’.

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