Albertan Canada Economic and Pipeline Update
Financial management
ATB Financial (1)
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Appendix
Professionally managed at arms-length basis from government
Credit policies and other risk management not unlike those of any other
financial institution
Subject to regulatory oversight by provincial and national regulatory bodies
An agent of the crown, assets and liabilities belong to the crown
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Potential economic loss relatively small in relation to Alberta's balance
sheet, budget and borrowing requirement
Less susceptible to the risk of a run due to provincial guarantee of deposits
• ATB increased deposits during 2008/09 liquidity crisis
Capital requirements set by the Minister of Finance
• Total Assets $48.6B, Total Liabilities $45.4B and Equity $3.1B
- Liabilities include: Loans from province $2.9B, Collateralized Borrowings
$7.2B, as well as Deposits and Other totaling $35.2B
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(1) As of March 31, 2017. Numbers may not add due to rounding.
Albertan
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