Canadian Bankers Association

Canadian Bankers Association

January 23, 2008 11:03 ET

Media Advisory: Canadian Banks Highlight Impact of New Basel II Disclosure Requirements on First Quarter Financial Reporting

TORONTO, ONTARIO--(Marketwire - Jan. 23, 2008) - Canada's banks are preparing to report financial results for the first quarter of fiscal 2008 under the new Basel II external disclosures (Pillar 3) of the Basel II Framework on capital adequacy requirements. The Canadian Bankers Association is hosting an information session to help explain the new capital rules for major banks in Canada. The purpose of the event is to introduce and discuss with analysts, investors, rating agencies and journalists the implications of the banks' implementation of Basel II on regulatory capital calculations.

Members of the media are invited to view the webcast of this event or dial in by phone on a listen-only basis.



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Date: Friday, January 25, 2008

Time: 8:00 - 9:00 a.m. (Presentations)
9:00 - 9:30 a.m. (Q&A)

Webcast link: www.cba.ca/basel

Dial in: 416-641-6105 (local)
1-866-540-8136 (toll free)

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Presentations will be made by Vivek Wadhwa, Principal, McKinsey & Co. and by representatives from the Office of the Superintendent of Financial Institutions. Following the remarks, risk management participants from BMO Financial Group, CIBC, National Bank of Canada, Scotiabank, TD Bank Financial Group and RBC will answer questions.

Pre-meeting materials are available on the CBA web site at the following link:
www.cba.ca/basel

The webcast will be archived at the above link for three months and an audio replay will be available for three months by dialling 416-695-5800 or 1-800-408-3053, PIN 3246951#.

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