Manulife Bank to install 830 automated banking machines across Canada

Mon Jul 6, 2015 9:08am EDT
 
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TORONTO (Reuters) - Manulife Financial Corp’s (MFC.TO: Quote) 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: Quote) 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)