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| Investor Information Here you will find valuable information for our investors, including Manulife Bank's industry ratings, links to current fact sheets about the Bank and specific information for our institutional investors. About Manulife Bank Manulife Bank is a Schedule l federally chartered bank and a wholly-owned subsidiary of The Manufacturers Life Insurance Company. Established in 1993, it was the first federally regulated bank opened by an insurance company in Canada. Manulife Bank was created to support the sale of our parent company's core products and assist financial advisors in providing fully integrated financial plans to their clients. Today, Manulife Bank serves clients across Canada in all provinces and territories. With a high-quality loan portfolio, the majority of loans being in residential mortgages, Manulife Bank is a profitable and well-capitalized organization. Read more about Manulife Bank in our biography (pdf) or our fact sheet. Manulife Bank of Canada is a member of Canada Deposit Insurance Corporation (CDIC). Our industry ratings Standard & Poor's has assigned Manulife Bank the ratings of A+ (long term) and A-1 (short term). A long-term issuer credit rating of A indicates a "strong capacity to meet its financial commitments." A is the third-highest rating out of 10. A short-term issuer credit rating of A-1 denotes "a strong capacity to meet its financial commitments." A-1 is Standard & Poor's highest short-term rating category. DBRS has assigned Manulife Bank's long-term deposits a rating of A (high) and its short-term deposits a rating of R-1 (middle). Long-term debt rated A is "of satisfactory credit quality and protection of interest and principal is still substantial. Entities in this category are considered to be more susceptible to adverse economic conditions and have greater cyclical tendencies than higher-rated securities." A is the third-highest rating out of eight. Each rating category (except AAA and D) is denoted by the subcategories "high" and "low". The absence of either a "high" or "low" designation indicates the rating is in the "middle" of the category. Short-term debt rated R-1 (middle) is of "superior credit quality and typically exemplifies above-average strength in key areas of consideration for the timely repayment of short-term liabilities." The rating R-1 is the third-highest rating out of 10. Wholesale funding In addition to our retail term and savings deposits, Manulife Bank issues various forms of wholesale deposits to institutional investors. These include:
About Manulife Financial Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. |
