Concentra Bank: Rating Report

On September 25, 2019, DBRS Limited (DBRS Morningstar) confirmed Concentra’s (Concentra or the Bank) long-term ratings at A (low) and short-term ratings at R-1 (low). All trends are Stable. Concentra’s Support Assessment (SA) of SA1 reflects SaskCentral’s willingness and ability to support Concentra. SaskCentral owns 84% of Concentra and is instrumental in driving business activity and strategy at the Bank. As such, DBRS Morningstar views Concentra as a supported subsidiary of SaskCentral.