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