Scotiabank, CIBC join defence bank [Advisor.ca (Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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US:NYSE Investor Relations:
seekingalpha.com/article/4128193-bank-nova-scotias-bns-ceo-brian-porter-q4-2017-results-earnings-call-transcript
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Source: Advisor.ca
CIBC and Scotiabank are now partner banks for the Defence, Security and Resilience Bank (DSRB), the financial institutions announced in separate statements Tuesday. The new multilateral international bank, still in development, will provide financing for defence, security and infrastructure projects for NATO members and its allies. Once it's established, governments will be able to access low-cost financing and procurement support while private funding is protected by a credit guarantee program. RBC is already a partner bank, along with German financial institutions like Deutsche Bank and Commerzbank, U.S.-based J.P. Morgan, and others. Current defence spending among NATO members and its allies faces two problems: a lack of financing tools on the demand side and a lack of industrial capacity on the supply side, according to the DSRB. The bank hopes low-interest loans to national governments will ease borrowing costs while private capital increases industrial capacity for weapon
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BNS
Earnings
- 12/2/25 - Beat
BNS
Sec Filings
- 2/6/26 - Form 424B2
- 2/6/26 - Form 424B2
- 2/6/26 - Form FWP
- BNS's page on the SEC website