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CWB declares dividends in August 2020
Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share (TSX:CWB), payable on September 24, 2020 to shareholders of record on September 10, 2020.
CWB to introduce mandatory mask usage at all locations effective August 10
CWB continues to put the health and safety of our people and our clients first, and will introduce mandatory mask usage across all branches and locations, effective Monday, August 10 until otherwise advised. All employees working in public areas, as well as visitors, including clients and service providers entering our premises will be required to wear facemasks. Public areas include lobbies, waiting areas, and all other shared spaces.
CWB announces the appointment of Mary Filippelli to the Board
Canadian Western Bank is pleased to announce the appointment of Mary Filippelli to CWB’s Board of Directors effective August 1, 2020.
CWB Financial Group to close all locations on July 17 for all-employee Day of Thanks
CWB Financial Group (TSX:CWB) today announced it will close its locations across Canada on Friday, July 17 to thank employees for their extraordinary efforts to support clients and one another in response to COVID-19. Critical operational teams at some of CWB’s partner companies will remain in place, and a centralized banking team will be available for urgent, essential client transactions or issues that may arise.
CWB announces closing of private placement of NVCC subordinated debentures
Canadian Western Bank (TSX: CWB) today announced that it has closed its private placement of $125 million aggregate principal amount of 4.840% Series G Subordinated Debentures due June 29, 2030 (Non-Viability Contingent Capital (NVCC)) (the “Debentures”). National Bank Financial Inc. acted as advisor to CWB on the placement, which was acquired by Caisse de dépôt et placement du Québec (CDPQ).