Empowering Canadian Financial Institutions with Automated Term Deposit Processing Technology
TORONTO, March 11, 2025 /CNW/ - Portfolio+, a leader in Canadian banking technology, today announced that Habib Canadian Bank has selected the company's automated term deposit solution to launch nominee-name guaranteed investment certificates (GICs) through a network of deposit brokers, reaching Canadians nationwide. The technology will streamline deposit sales and processing, help meet the growing demand for GICs in Canada, and unlock access to capital to support the expansion of the bank's lending business.Â
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