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Fairstone, National Bank to buy out large commercial real estate lender Laurentian Bank

Sale to divide operations between the two purchasers
The familiar Laurentian Bank logo, seen on this office tower in downtown Montreal, is set to disappear after 178 years of operation. (CoStar)
The familiar Laurentian Bank logo, seen on this office tower in downtown Montreal, is set to disappear after 178 years of operation. (CoStar)
CoStar News
December 8, 2025 | 9:37 P.M.

After 178 years, Laurentian Bank of Canada, a large commercial real estate lender, will cease to operate as its own bank. The Canadian institution that generations have relied on for banking services is being sold in two separate transactions that will radically reshape its future.

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