Duo Bank rebrands as Fairstone Bank
Montreal-based Duo Bank of Canada has undertaken a rebranding initiative. The company will now operate as Fairstone Bank of Canada. Duo aquired Fairstone Financial Holdings and its subsidiary Fairstone Financial in January 2021.
“Our rebranding strategy reflects Fairstone Bank's position as a best-in-class consumer lending group,” said Scott Wood, president and CEO of Fairstone Bank. “As a Schedule I bank with a significant credit card business, combined with Fairstone's long-established Canadian history, market-leading point-of-sale financing and near-prime consumer lending lines of business, we are more focused than ever on providing innovative, value-driven products that are designed to enable consumers and businesses to excel.”