NATIONAL BANK OF CANADA

NATIONAL BANK OF CANADA

March 03, 2005 09:51 ET

National Bank Social Responsibility Report: A Responsible Bank Committed to the Community


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NATIONAL BANK OF CANADA

TSX SYMBOL: NA

MARCH 3, 2005 - 09:51 ET

National Bank Social Responsibility Report: A
Responsible Bank Committed to the Community

MONTREAL, QUEBEC--(CCNMatthews - March 3, 2005) - National Bank today
announced the publication of its public accountability statement for
2004. The 2004 Social Responsibility Report details the many activities
and initiatives undertaken by the Bank to support the communities where
it operates and to meet the expectations of its clients, employees and
shareholders.

"The life of the Bank is closely tied to the life of the community. If
one is healthy, the other will undoubtedly be healthy too," stated Real
Raymond, President and Chief Executive Officer of National Bank of
Canada. "At National Bank, we are working tirelessly to better integrate
economic, social, ethical and environmental considerations affecting the
community and to strengthen our relations with all those who are at the
heart of our organization," he added.

The 2004 Social Responsibility Report provides concrete examples of
initiatives National Bank undertook to fulfill its responsibilities to
the communities it serves. During the year, National Bank supported a
host of philanthropic causes across Canada, especially in the areas of
education, health, culture and community outreach. Altogether $12
million - in the form of donations from the Bank and its subsidiaries,
sponsorships, and funds raised in the branches or through special events
- went to help hundreds of organizations.

The 2004 Social Responsibility Report is available on the National Bank
website at www.nbc.ca and can also be obtained at all National Bank
branches or by calling the Bank's TelNat customer service centre at
1-888-4TELNAT.

About the National Bank of Canada

National Bank of Canada is an integrated group which provides
comprehensive financial services to consumers, small and medium-sized
enterprises and large corporations in its core market, while offering
specialized services to its clients elsewhere in the world. The National
Bank offers a full array of banking services, including retail,
corporate and investment banking. It is an active player on
international capital markets and, through its subsidiaries, is involved
in securities brokerage, insurance and wealth management as well as
mutual fund and retirement plan management. The National Bank has assets
of more than $90 billion and, together with its subsidiaries, employs
close to 17,000 people. The Bank's securities are listed on the Toronto
Stock Exchange (NA:TSX). For more information, visit the Bank's website
at www.nbc.ca.

Information: (The telephone number provided below is for the exclusive
use of journalists and other media representatives.)

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    National Bank of Canada
    Denis Dube
    Manager, Public Relations Department
    (514) 394-8644