MONTREAL, QUEBEC--(Marketwire - Feb. 17, 2012) - National Bank (TSX:NA) is proud to have been named to the very first list of Best Employers in Quebec, a regional offshoot of the Best Employers in Canada ranking compiled by Aon Hewitt. This new ranking recognizes Quebec companies with human resources practices that strengthen employee commitment and engagement.

The Bank offers human resources practices attuned to employees' needs and expectations, thus providing a stimulating work environment where they can reach their full potential. This has been confirmed by the repeated recognition the Bank has received in recent months, including a place on the Best Employers in Canada and Best GTA Employers rankings.

"National Bank is constantly seeking to improve its human resources practices, whether for total compensation, professional development programs or various measures to promote diversity," noted Lynn Jeanniot, Executive Vice-President - Human Resources and Corporate Affairs at National Bank. "This is one of the ways the Bank strives to provide employees with an environment that fosters a successful and enriching career."

The list of Best Employers in Canada is based on an opinion survey conducted with the employees, managers and human resources professionals of participating businesses. National Bank has been taking part in this survey since it was first launched and uses its comprehensive results to improve its human resources practices, so as to remain one of the most engaging businesses in the country.

About National Bank of Canada

National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. As at October 31, 2011, National Bank has over CDN$156 billion in assets in accordance with Canadian GAAP and, together with its subsidiaries, employs more than 19,000 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX:NA). For more information, visit the Bank's website at [ www.nbc.ca ]. To access National Bank of Canada's financial literacy portal, visit [ www.clearfacts.ca ].

The telephone number provided below is for the exclusive use of journalists and other media representatives.

Contributing Sources

---

Market Wire