Canada · Financial institution

Laurentian Bank of Canada

Laurentian Bank of Canada is a Schedule I chartered bank under the Bank Act (Canada), with its head office in Montreal. It was founded in 1846 as a savings bank and is listed on the Toronto Stock Exchange. It provides commercial real estate financing, inventory and equipment financing and capital markets services in Canada and the United States. Its retail and SME banking will transfer to National Bank of Canada. In December 2025 it agreed to sell its retail and SME portfolios to National Bank of Canada and its shares to Fairstone Bank of Canada, with closing expected on 1 November 2026.

BICBLCMCAMMXXX LEIHO0K6ZULL3QE6S6SFW60 Licence no.Not on a tracked register Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BLCMCAMM directly. Head-office BIC only Group: Laurentian Bank of Canada Claim this profile

Licences and registrations

Matched by LEI on the 22 tracked registers

None matched by LEI in the 22 tracked registers.

  • The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.

Swift network

Swift’s ISO 9362 BIC directory

BIC
BLCMCAMMXXX head office
Connection to Swift
Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BLCMCAMM directly.
Swift GPI
Not on the member list
Payment schemes and systems
No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
Branch codes
None: head-office BIC only
BIC first registered
1988-11-21
Last updated
2023-06-26

Overview

Researched 29 Sep 2026 · Sources

Total assets

CAD 49.9bn

Group · 31 Jul 2026 · interim report ↗

Employees

Not published

Ownership

Publicly listed

Ticker LB

Institution type

Commercial bank

Trades as Laurentian Bank

Standing
On 2 December 2025 the bank agreed to be acquired by Fairstone Bank of Canada. National Bank of Canada agreed to take over its retail and SME banking portfolios. All key regulatory approvals had been received by 31 August 2026. Closing is expected on 1 November 2026, after which the bank will be a wholly owned subsidiary of Fairstone Bank.
Ownership
The bank's common shares are listed on the Toronto Stock Exchange, and Fairstone Bank of Canada has agreed to acquire all of them, with closing expected on 1 November 2026.
Stock listing
Toronto Stock Exchange LB
Head office
1360 René-Lévesque Boulevard West, Suite 600, H3G 0E5 Montreal, Canada
Name in the local language
Banque Laurentienne du Canada
Former name
The Montreal City and District Savings Bank

Business lines

  • Corporate banking
  • Retail banking
  • SME banking
  • Mortgage lending
  • Leasing & factoring
  • Markets & trading

According to the bank, commercial real estate financing, Northpoint Commercial Finance, B2B Bank, capital markets and LBC Digital will remain with it after its personal and SME banking transfers to National Bank of Canada.

Online

Websites & references
laurentianbank.ca ↗
banquelaurentienne.ca ↗ French-language domain
news.laurentianbank.ca ↗ news releases and investor news
Wikidata Q1360087 ↗
Official social accounts
LinkedIn ↗ · Facebook ↗ · YouTube ↗
Sources · 11 pages consulted
  1. laurentianbank.ca
  2. laurentianbank.ca/en/about-us/our-company/executive-team
  3. laurentianbank.ca/en/about-us/our-company/board-of-directors
  4. laurentianbank.ca/en/help-and-faq/acquisition
  5. laurentianbank.ca/en/personal/legal-notice
  6. news.laurentianbank.ca/2026-08-28-Laurentian-Bank-of-Canada-reports-third-quarter-2026-results
  7. news.laurentianbank.ca/2026-06-26-Minister-of-Finance-Approves-the-Acquisition-of-Laurentian-Bank-Shares
  8. news.laurentianbank.ca/2026-09-16-Laurentian-Bank-of-Canada-increases-its-USD-base-rate-in-Canada
  9. ca.marketscreener.com/news/laurentian-bank-of-canada-2025-annual-information-form-ce7d50dedd80ff25
  10. theglobeandmail.com/business/article-fairstone-bank-to-buy-laurentian-bank/
  11. conseiller.ca/nouvelles/industrie/remaniement-a-la-haute-direction-de-la-banque-laurentienne/

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Éric Provost President and Chief Executive Officer Confirmed 29 Sep 2026 · laurentianbank.ca ↗
Chair
Michael T. Boychuk Chair of the Board Confirmed 29 Sep 2026 · laurentianbank.ca ↗
Chief financial officer
Yvan Deschamps Chief Financial Officer Confirmed 29 Sep 2026 · laurentianbank.ca ↗
Executive
Christian De Broux Chief Risk Officer Confirmed 29 Sep 2026 · laurentianbank.ca ↗
Executive
Thierry Langevin Chief, Personal and Commercial Banking Confirmed 29 Sep 2026 · laurentianbank.ca ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

Canada
Office of the Superintendent of Financial Institutions Prudential supervisor
Canada
Financial Consumer Agency of Canada Conduct
Canada
Financial Transactions and Reports Analysis Centre of Canada AML supervisor

Recent events

Researched 29 Sep 2026 · Sources

  1. Merger / acquisition

    The Canadian Investment Regulatory Organization and securities regulators approved the transactions. The bank then set 1 November 2026 as the expected closing date.

    laurentianbank.ca ↗
  2. Merger / acquisition

    The federal Minister of Finance approved Fairstone Bank of Canada's acquisition of all issued and outstanding common shares of the bank.

    news.laurentianbank.ca ↗
  3. Merger / acquisition

    Shareholders approved the Fairstone acquisition on 5 February 2026. On 17 February the bank completed the sale of its syndicated loan portfolio to National Bank.

    news.laurentianbank.ca ↗
  4. Merger / acquisition

    The bank agreed to sell its retail and SME portfolios to National Bank of Canada and its shares to Fairstone Bank of Canada.

    laurentianbank.ca ↗
  5. Leadership

    The bank appointed Éric Provost President and CEO on 2 October 2023. His predecessor Rania Llewellyn left and board chair Michael Mueller resigned.

    conseiller.ca ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
BLCMCAMMXXX
How the BIC breaks down
  1. BLCMBank
  2. CACountry · Canada
  3. MMLocation
  4. XXXBranch · head office
Branch description
ALL OFFICES IN CANADA
LEI
HO0K6ZULL3QE6S6SFW60
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Profile

Type
Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
Regulation
Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Register licences
None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Country · region
Canada · North America
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme
Founded
1846

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

Ownership and group

GLEIF relationship records

The Laurentian Bank of Canada group has 2 institutions in the directory, in 1 country: all hold a BIC.

Including Laurentian Bank Securities Inc..

See the Laurentian Bank of Canada group →

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

Addresses

Registered address
1360 BOUL.RENE- LEVESQUE OUEST FLOOR 12 MONTREAL H3G 0E5 CANADA
Operational address
1360 BOUL. RENE- LEVESQUE OUEST FLOOR 12 MONTREAL MONTREAL H3G 0E5 CANADA

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>BLCMCAMMXXX</BICFI>
  <LEI>HO0K6ZULL3QE6S6SFW60</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>BLCMCAMMXXX</BICFI>
  <LEI>HO0K6ZULL3QE6S6SFW60</LEI>
  <Nm>LAURENTIAN BANK OF CANADA</Nm>
  <PstlAdr>
    <TwnNm>MONTREAL</TwnNm>
    <Ctry>CA</Ctry>
    <AdrLine>1360 BOUL.RENE- LEVESQUE OUEST FLOOR 12 MONTREAL H3G 0E5</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Claim this profile

Work at Laurentian Bank of Canada?

Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.

  1. 01Submit Tell us who you are, using your work email.
  2. 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
  3. 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.

Claim received

Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.

Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
  • Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
  • Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Laurentian Bank · Public domain · Wikimedia Commons · original.

Assess the financial crime risk behind a BIC

A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.

Book a demo