Equitable Group Inc. (OTCMKTS: EQGPF) is the holding company for Equitable Bank, a Schedule I Canadian bank headquartered in Toronto. Established in 1970 as The Equitable Trust Company, the organization has grown into a diversified financial services provider with a focus on both residential and commercial lending. Equitable Group operates under a bank charter, offering a range of mortgage products—from government-insured and uninsurable residential mortgages to commercial and construction loans—catering to individuals, small businesses, and professional investors across Canada.
In addition to its core lending activities, Equitable Group has developed a digital banking arm known as EQ Bank. Launched in 2016, EQ Bank delivers a suite of online saving and payment solutions, including high-interest savings accounts, guaranteed investment certificates (GICs) and no-fee international money transfers. This platform is designed to serve tech-savvy customers looking for transparent pricing and competitive rates, and it complements the traditional branch-less model of Equitable Bank by extending the company’s footprint nationally through digital channels.
On the commercial side, Equitable Group provides tailored lending solutions such as multi-unit residential financing, construction and land-development financing, and specialized credit products for owner-occupied and investor-owned properties. The bank’s underwriting approach emphasizes prudent risk management, with an experienced credit team that focuses on collateral quality and borrower financial strength. This disciplined approach has helped Equitable Group maintain strong asset quality while supporting the growth needs of Canadian real estate sectors.
Leadership at Equitable Group includes President and Chief Executive Officer Andrew Moor, supported by a senior management team with deep expertise in banking and capital markets. Equitable Group’s board of directors comprises financial services professionals and industry veterans who oversee corporate governance and strategic direction. With operations concentrated in Canada’s major urban centers and a growing digital presence, Equitable Group continues to expand its lending portfolio and enhance its product offerings under a commitment to customer service and operational efficiency.
AI Generated. May Contain Errors.
