July 6, 2015 / 1:11 PM / 2 years ago

Manulife Bank to install 830 automated banking machines across Canada

TORONTO (Reuters) - Manulife Financial Corp’s (MFC.TO) banking unit is planning to install about 830 automated banking machines across Canada, as it attempts to take a bigger share of the nation’s retail banking market.

Manulife Bank, which had about a dozen ABMs ahead of this move, is looking to set up the units in Mac’s, Couche-Tard (ATDb.TO) and Circle K stores.

The bank has more than C$22 billion in assets. Toronto-based Manulife is Canada’s largest insurer.

Reporting by John Tilak; Editing by Bernadette Baum

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