MONTREAL, April 30, 2019 /CNW/ - National Bank is announcing a donation of $50,000 to the Canadian Red Cross to assist communities affected by the flooding in Eastern Canada, particularly in Quebec, New Brunswick and Ontario.

National Bank will also be collecting donations from the public both online and at all branches across Canada, from April 30 to May 14. The Bank's donation as well as all funds collected will be given to the Red Cross and used to provide immediate assistance to the victims.

Furthermore, the Bank will continue deploying support measures for clients affected by the flooding which include:

• Deferred payments on personal loans
• Deferred payments of principal and interest on personal mortgage loans
• Personalized, case-by-case agreements for affected business clients

Clients are urged to contact their branch or our TelNat telephone banking services at 1-888-835-6281.

"Clients affected by the floods are contacting us and telling us how quickly everything is happening. They want to get back to a normal life as soon as possible and are counting on our support. Our teams are there to help meet their needs through personalized support measures. We are all directly or indirectly affected by these floods that are impacting our clients, employees and communities," says Karina Beaudin, Section Manager, TelNat at National Bank.

The Bank's teams are mobilized in the affected areas and are closely monitoring the situation for our clients and branches.

About National Bank of Canada

With $263 billion in assets as at January 31, 2019, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 23,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.

SOURCE National Bank of Canada

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