Credit Rating Report
Laurentian Bank of Canada: Credit Rating Report
Banking OrganizationsSummary
On November 1, 2024, DBRS Limited (Morningstar DBRS) downgraded its credit ratings on Laurentian Bank of Canada (LBC or the Bank), including the Bank's Long-Term Issuer Rating to BBB from BBB (high) and Short-Term Issuer Rating to R-2 (high) from R-1 (low). Morningstar DBRS changed the trends for all credit ratings to Stable from Negative.
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Contacts
Shokhrukh Temurov
Vice President - North American Financial Institution Ratings
+(1) 416 597 7377
shokhrukh.temurov@morningstar.com- Carl De Souza
Senior Vice President, Sector Lead - North American Financial Institution Ratings
+(1) 416 597 7445
carl.desouza@morningstar.com - Tim O'Brien
Managing Director - North American Financial Institution Ratings
+(1) 416 597 7364
timothy.obrien@morningstar.com