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Zag Bank
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Summary
location iconCalgary, Canada
website
company sizeCompany size: 11-50

Zag Bank (previously known as Bank West), is a federally regulated Bank and was founded in 2003. Banks journey as Canada’s newest direct bank begins with a powerful suite of deposit products designed to make it easier to grow your wealth. Zag Bank has been a wholly owned subsidiary of Desjardins Group since being acquired in 2011. Desjardins Group was ranked by Bloomberg in 2014 as the strongest financial institution in North America and the second strongest in the world.

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Commercial Banks
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Zag Bank - Recent News & Articles

China keeps benchmark lending rates unchanged as it contends with a weakening yuan

The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...

Source: CNBC

Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation

In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...

Source: CNBC

A big failures. Now come the hearings

President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...

Source: BankerAdvisor

Norway's $1.2 trillion fund sets 2050 net zero target

Source: BankerAdvisor