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Fasken represents President's Choice Bank in an innovative outsourcing financial services transaction agreement for ABMs

Fasken
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Overview

Client

President's Choice Bank

In an innovative outsourcing financial services transaction, President’s Choice Bank (“PCB”) entered into an agreement with Stanley Black & Decker Canada pursuant to which Stanley, as the supplier of ABM’s, not only has agreed to supply ABM’s to PCB locations but has also agreed to procure the cash and operate the ABM’s.