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Published on 7/29/2019 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS changes trend on National Bank of Canada to positive

DBRS said it changed the trend on the National Bank of Canada to positive from stable and confirmed all ratings.

The agency said the change and confirmation reflect the bank’s dominance in its home territory of Quebec. The province continues to have strong economic growth, and National Bank of Canada has successfully expanded in target markets across Canada, DBRS said.


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