Press Release
DBRS Discontinues Guaranteed Deposit Notes Rating on Manulife Bank of Canada
Banking OrganizationsDBRS has today discontinued the rating on the Deposit Notes (guaranteed by The Manufacturers Life Insurance Company) issued by Manulife Bank of Canada as the outstanding notes were repaid on April 1, 2013.
Notes:
The applicable methodologies are Global Methodology for Rating Banks and Banking Organisations and DBRS Criteria: Intrinsic and Support Assessments, which can be found on DBRS’s website at www.dbrs.com.
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Methodology Used: