Banking Services
The CEO and Acting Director of Finance met with senior bankers at RBC Royal Bank and discussed the following topics:
- The Nisga'a Housing Program, specifically around the requirement of the Bank to have the Nation's guarantees,
- Agency banking, and were informed that the current model is not profitable for the remote community.
The Bank is continuing to research this concept. - Options to earn a better return on funds set aside for the Capital finance Commission - will be pursued further for a relevant investment policy.
- NLG inquired about a preferred banking package for employees of the Nation and were advised that the Bank would like to come to the Nass to explain this to our employees.
- NLG scheduled quarterly meetings with senior bankers and investment advisors to occur in January, April, July, and October of the year.