Equitable Bank to acquire Concentra for $371m.

Equitable Bank, a Canadian bank which primarily provides residential and commercial real estate lending services, agreed to acquire Concentra, a provider of lending and investment solutions, for $371m. "We are delighted to join Equitable in its Challenger Bank quest. This powerful combination of capabilities and services is right for our employees, customers and community partners and creates opportunity for our team to excel as part of an award-winning Canadian bank that shares our commitment to innovation," Don Coulter, Concentra President and CEO. 29.09.2022 Equitable Bank obtains Minister of Finance approval for acquisition of Concentra Bank.