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Alterna Bank a Strong Supporter of the Mekong Business Challenge

March 15, 2019 – Alterna Bank is proud to sponsor the 13th annual Mekong Business Challenge in Cambodia, bringing together the brightest university teams to showcase how their innovation can transform lives.

The Challenge is a platform for developing youth talent and for launching businesses and social ventures that will profoundly advance the communities in the greater Mekong region. Submissions this year range from innovative solutions to better the lives of those living with Parkinson’s disease, to mobile apps that would boost the education and tourism sectors.

“I passionately believe in creating ethical leaders for the future, who focus on a social purpose while building on a business,” said Rob Paterson, President and CEO of Alterna Financial Group. “The Mekong Business Challenge reminds me a lot of Enactus, an organization that’s very dear to me. They are both about empowering youth, filling a social need and enabling progress through entrepreneurial action.”

The winner of the Mekong Business Challenge will receive an all-expense paid trip to compete in the International Business Model Competition (IBMC), to be held in Utah, U.S., in May 2019. The IBMC is the first and largest lean startup competition in the world, with a mission to inspire and educate smarter student entrepreneurs who launch ventures that last.

At Alterna, we are committed to supporting communities and encouraging innovation. In addition to Enactus and the Mekong Business Challenge, Alterna also supports other young socially-minded entrepreneurs through various not-for-profit organizations.

About the Alterna Financial Group

Alterna Financial Group (Alterna) has been the good in banking for over 110 years!

Made up of Alterna Savings and its wholly-owned subsidiary, Alterna Bank, Alterna has $8 billion in assets under administration. Our members and customers benefit from industry leading online brokerage and investment management services and have access to the largest surcharge-free ATM network in Canada.

Alterna Bank is one of the most innovative banks in Canada and the first to offer all Canadians an endto-end digital mortgage experience. Customers also get fully-digital financial services that include our highly competitive and award winning high-interest eChequing, eSavings, RRSP and TFSA products, available online and through mobile banking.

For more information please visit 

Media Contact:
​​Jackie Duhard - Corporate Communications Specialist
Alterna Bank
P: 613.560.0150 ext. 6031

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