Desjardins Group's financial results for 2016

Desjardins Group's financial results for 2016 (1 min 17 s)

Added on March 23, 2017

Description
Backed by financial results for 2016, Desjardins President and CEO Guy Cormier explains why Desjardins is the leading company in Quebec in community contributions.

  

Desjardins Group's financial results for 2016 (1 min 17 s)

Added on March 23, 2017 | Desjardins Group

Note: The text in square brackets describes audio and visual content in the video other than the dialogue or narration.

[Background music.]

[On-screen text: Working for you and the Desjardins Logo.]

Guy Cormier, President and Chief Executive Officer of Desjardins Group: Collectively, we have every reason to be proud of Desjardins.

With assets of more than $258 billion, Desjardins is the leading cooperative financial group in Canada and the sixth largest in the world.

[On-screen images: Guy Cormier talks with several people in a meeting room and as he walks.]

Guy Cormier: It's a stable, prosperous financial institution with one of the best capitalization ratios in the industry.

Guy Cormier: In 2016, Desjardins posted surplus earnings of $1.8 billion.

[On-screen images: Guy Cormier walking with another person.]

Guy Cormier: And we're putting those earnings to work; $259 million went back to members and communities last year.

[On-screen images: Guy Cormier as he walks.]

We created a $100-million development fund to support key projects in the regions we serve.

[On-screen images: Guy Cormier speaks to a large audience from a lectern.]

Guy Cormier: In Quebec, Desjardins is far and away the number 1 donor to the community, asserting our cooperative difference and our role as a socio-economic leader.

[On-screen images: Accelerated images of cars and people walking on the street.]

Guy Cormier: Those earnings also enable us to invest in new technology and innovative solutions. Solutions that are simple, modern and work for all of our members and clients.

[Quick succession of on-screen images: A hand holds an electronic tablet, a 360d service center for students, a mobile case, and a smartphone displaying a Desjardins mobile app]

Guy Cormier: Everything we do is to make sure Desjardins is working for you!

[On-screen images: Desjardins logo]