Jump to content

Bank of Alberta: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
No edit summary
Line 6: Line 6:
The bank commenced operations under the vision of [[Canadian Business Hall of Fame|Dr. Charles Allard]]<ref>"Canadian Western Bank celebrates 25 years of success", CWB Corporate Website</ref><ref>"Canadian Western Bank celebrates 25 years of success", TradingMarkets.com, March 23, 2009</ref> and Eugene Pechet<ref>"Canadian Western Bank celebrates 25 years of success", CWB Corporate Website</ref><ref>"Canadian Western Bank Group, Annual Report 2008, p. 20"</ref><ref>"Canadian Western Bank celebrates 25 years of success", TradingMarkets.com, March 23, 2009</ref>, starting with three employees working out of a boardroom located in one of Mr. Pechet’s hotels<ref>"Canadian Western Bank Group, Annual Report 2008, p. 20"</ref> in Edmonton, Alberta.
The bank commenced operations under the vision of [[Canadian Business Hall of Fame|Dr. Charles Allard]]<ref>"Canadian Western Bank celebrates 25 years of success", CWB Corporate Website</ref><ref>"Canadian Western Bank celebrates 25 years of success", TradingMarkets.com, March 23, 2009</ref> and Eugene Pechet<ref>"Canadian Western Bank celebrates 25 years of success", CWB Corporate Website</ref><ref>"Canadian Western Bank Group, Annual Report 2008, p. 20"</ref><ref>"Canadian Western Bank celebrates 25 years of success", TradingMarkets.com, March 23, 2009</ref>, starting with three employees working out of a boardroom located in one of Mr. Pechet’s hotels<ref>"Canadian Western Bank Group, Annual Report 2008, p. 20"</ref> in Edmonton, Alberta.


The Bank is notable not only as the genesis for the highly successful [[Canadian Western Bank]] (CWB), but as it was formed despite the challenging economic environment that pushed many competitors to reign in their activities in key western markets. As a result, the bank ultimately had a significant impact on the evolution of modern banking in Western Canada.
The Bank is notable not only as the genesis for the highly successful [[Canadian Western Bank]] (CWB), but as it was formed despite the challenging economic environment that pushed many competitors to reign in their activities in key western markets. As a result, the bank ultimately had a significant impact on the evolution of modern banking in Western Canada<ref>"The Economic Determinants of Entry into Canadian Banking: 1963-7"</ref>.


In 1988, the Bank of Alberta amalgamated with [[Western & Pacific Bank]] to become [[Canadian Western Bank]] (CWB). As of 2009, the CWB has total balance sheet assets of just under $11 billion, assets under administration of over $4 billion and assets under management approaching $1 billion.
In 1988, the Bank of Alberta amalgamated with [[Western & Pacific Bank]] to become [[Canadian Western Bank]] (CWB). As of 2009, the CWB has total balance sheet assets of just under $11 billion, assets under administration of over $4 billion and assets under management approaching $1 billion.

==Community support==
Support for artist Peter Shostak<ref>"Jenkins Showler Gallery, Perter Shostak profile"</ref>


==Notes==
==Notes==
Line 19: Line 22:
* [http://www.valianttrust.com/news/documents/Apr_Valiant%20Celebrates%205%20years.pdf 25 years of success, Valiant Trust, April, 2009]
* [http://www.valianttrust.com/news/documents/Apr_Valiant%20Celebrates%205%20years.pdf 25 years of success, Valiant Trust, April, 2009]
* [http://www.cwbankgroup.com/investor_relations/investor_faqs.htm Canadian Western Bank Group, Investor Relations, FAQs]
* [http://www.cwbankgroup.com/investor_relations/investor_faqs.htm Canadian Western Bank Group, Investor Relations, FAQs]
* [http://www.jstor.org/pss/134216 The Economic Determinants of Entry into Canadian Banking: 1963-7]
* [http://www.jenkinsshowlergallery.com/dynamic/artists/Peter_Shostak.asp Jenkins Showler Gallery, Perter Shostak profile, Corporate and Public Collections]


==External links==
==External links==

Revision as of 10:11, 4 October 2010

The Bank of Alberta was chartered in 1984.

The bank commenced operations under the vision of Dr. Charles Allard[1][2] and Eugene Pechet[3][4][5], starting with three employees working out of a boardroom located in one of Mr. Pechet’s hotels[6] in Edmonton, Alberta.

The Bank is notable not only as the genesis for the highly successful Canadian Western Bank (CWB), but as it was formed despite the challenging economic environment that pushed many competitors to reign in their activities in key western markets. As a result, the bank ultimately had a significant impact on the evolution of modern banking in Western Canada[7].

In 1988, the Bank of Alberta amalgamated with Western & Pacific Bank to become Canadian Western Bank (CWB). As of 2009, the CWB has total balance sheet assets of just under $11 billion, assets under administration of over $4 billion and assets under management approaching $1 billion.

Community support

Support for artist Peter Shostak[8]

Notes

  1. ^ "Canadian Western Bank celebrates 25 years of success", CWB Corporate Website
  2. ^ "Canadian Western Bank celebrates 25 years of success", TradingMarkets.com, March 23, 2009
  3. ^ "Canadian Western Bank celebrates 25 years of success", CWB Corporate Website
  4. ^ "Canadian Western Bank Group, Annual Report 2008, p. 20"
  5. ^ "Canadian Western Bank celebrates 25 years of success", TradingMarkets.com, March 23, 2009
  6. ^ "Canadian Western Bank Group, Annual Report 2008, p. 20"
  7. ^ "The Economic Determinants of Entry into Canadian Banking: 1963-7"
  8. ^ "Jenkins Showler Gallery, Perter Shostak profile"

References