Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Scotiabank buys ING Bank of Canada assets for C$3.1B

bluejays · 08-29-2012, 05:22 PM

Well, I think with Basel 3 coming into place, this is a solid move to instantly increase their customer base, which allows flexibility to lend a little easier. They are by nature a conservative bank, so this helps towards easing that.

08-29-2012, 05:22 PM	#11
bluejays Franchise Player Join Date: Sep 2005 Location: Toronto, Ontario Exp:	Well, I think with Basel 3 coming into place, this is a solid move to instantly increase their customer base, which allows flexibility to lend a little easier. They are by nature a conservative bank, so this helps towards easing that.