Effective November 1, 2013, Dundee Bank of Canada, a Schedule I bank and wholly owned subsidiary of The Bank of Nova Scotia (“Scotiabank”), will change its name to “Hollis Canadian Bank”. The name Hollis Canadian Bank recognizes Scotiabank’s historic head office building, constructed in 1837, at 188 Hollis Street in Halifax, Nova Scotia.
- As part of the name change to Hollis Canadian Bank, several associated products issued by the bank will also be renamed:
- Dundee Investment Savings Account (DYN 500 & 550) renamed to Hollis Investment Savings Account
- Dundee US$ Investment Savings Account (DYN 400 & 450) renamed to Hollis US$ Investment Savings Account
Dundee Corporate Investment Savings Account (DYN 575) renamed to Hollis Corporate Investment Savings Account
Beyond the name change to Hollis Canadian Bank and the renaming of associated products including deposits, issued by the bank, there will be no impact on the status of any of the products. Please note that the fund codes will remain the same, and there are no changes to product terms and conditions.
To read the press release from June follow this link.