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1 History

• 1859: Eugène Chinic, Isodore Thibodeau, Ulric-Joseph Tessier, Olivier Robitaille, Cirice Têtu, David Dussault, Prudent Vallée and other citizens of Quebec decide to create the Banque Nationale, an institution by and for the francophone community. The legislature permits the bank to incorporate.
• 1860: Banque Nationale commences operations.
• 1924: Banque Nationale is caught up in a serious recession. It merges with Banque d'Hochelaga (est. in Montréal in 1874) to form Banque Canadienne Nationale (BCN).
• 1976: BCN establishes an agency in New York.
• 1979: BCN merges with the Provincial Bank of Canada/Banque provinciale du Canada to form the Banque Nationale du Canada (BNC; National Bank of Canada).
• 1983: The New York agency becomes a branch.
• 1985: BNC acquires Mercantile Bank of Canada from CitibankCitibank was founded in 1812 as City Bank of New York''. In 1894 it became the largest bank in the United States. In 1902 it began expanding internationally and became the first major US bank to establish a foreign department. By 1930 it became the larges. Mercantile has an office in New York (licensed 1984), which BNC merges in.
• 1987 NBC swaps US$4 million of restructured bad loans for one-tenth of Banco Osorno y La Union, a Chilean bank.
• 1993: BNC acquires the assets of General Trust of Canada (est. 1927).
• 1994: BNC establishes a US subsidiary, Natbank, with a branch in Pompano Beach in Florida. BNC also establishes a representative office in Mexico CityMexico City ( Spanish: Ciudad de Mexico known in Pre-Columbian times as Tenochtitlan is the capital of Mexico; it geographically spans both the Mexican Federal District and part of the state of Mexico, to the north of the Federal District. Mexico City is.
• 1995: Natbank opens its second branch and a head office in Hollywood, Florida. BNC opens an office in Havana in response to the passage of a new law in Cuba authorizing foreign bank representative offices.
• 1996: BNC acquires Family Trust Corporation and The Municipal Savings & Loans Corporation, both in Ontario. Also, BNC sells its stake in Banco Osorno y la Union to Santander, which acquires the bank.
• 2001: BNC acquires 17 branches in Quebec from Bank of MontrealThe Bank of Montreal is Canada's oldest chartered bank. It opened in Montreal, Quebec on November 3, 1817. It served as Canada's central bank until the creation of the Bank of Canada in 1935. It played a major role in the development of the country, takin.

2 External link

• National Bank of Canada/Banque Nationale du Canada