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OLY Olympia Financial Group Inc

99.70
1.70 (1.73%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Olympia Financial Group Inc TSX:OLY Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.70 1.73% 99.70 98.77 100.00 99.70 97.96 97.96 1,352 19:39:49

Olympia Trust Company Granted License to Issue Pre-Paid MasterCard Products in Canada

17/09/2013 11:56pm

PR Newswire (Canada)


Olympia Financial (TSX:OLY)
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CALGARY, Sept. 17, 2013 /CNW/ - Olympia Financial Group Inc. (TSX: OLY) is pleased to announce that its wholly-owned subsidiary Olympia Trust Company ("OTC") has been granted a MasterCard Principle License by MasterCard Worldwide. This license will allow OTC to issue prepaid MasterCard products in Canada.

This new prepaid card business will be managed by OTC's Foreign Exchange Division.  OTC is now actively engaging program managers and card processors looking to expand their pre-paid card operations in Canada.

About Olympia Financial Group Inc.

Olympia Financial Group Inc. ("OFGI") conducts most of its operations through its wholly owned subsidiary Olympia Trust Company, a non-deposit taking trust company.  Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia. Olympia Trust Company administers self-directed registered accounts, acts as a registrar and transfer agent for public and private issuers and offers foreign currency exchange services.  OFGI also offers private health services plans through its wholly-owned subsidiary Olympia Benefits Inc.

OFGI's common shares are listed on the Toronto Stock Exchange under the symbol "OLY".

SOURCE Olympia Financial Group Inc.

Copyright 2013 Canada NewsWire

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