Frontline Perspectives: How Resilient are Canadian Medium-Size Banks?

Being significantly smaller than the Big Six banks, medium-size banks in Canada generally provide a niche range of banking services. They are also likely to be exposed to higher credit costs in the current environment due to lower diversification and greater exposures to riskier asset classes. Meanwhile, similar to other banks globally, the investment securities portfolios at most MSBs have seen significant increases in unrealized losses as interest rates climb. This would become a larger issue if the sale of securities is required to fulfil their liquidity needs. Join DBRS Morningstar on April 20 at 11:00 a.m. EST for a webinar on the Canadian Medium-Size Banks. Carl De Souza, Senior Vice President, North American Financial Institutions will moderate the conversation as Shokhrukh Temurov, Vice President, North American Financial Institutions discusses the credit characteristics of medium-size banks, including their credit profile, market risks, and liquidity and funding, as well as factors supporting the resiliency of these banks in the current environment. The discussion will be followed by a Q&A session. DBRS Morningstar welcomes all who wish to participate.