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The Bank of Canada Building in Ottawa is the headquarters of the country's central bank. Bank of Canada (Central Bank) Business Development Bank of Canada. Farm Credit Canada – Government-owned Farm Credit is not a deposit-taking bank. It is, however, a major lender to the agriculture and agri-food industries.
According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd, and 63rd place, respectively. [4] RBC and TD Bank are also on the Financial Stability Board 's list of systemically important banks as of 2020.
The bank has a zero book value policy on its balance sheet—matching total assets to total liabilities—and transfers any equity above this amount as a dividend to the Government of Canada. As of 30 December 2015, the Bank of Canada owned C$95 billion in Government of Canada debt. It had a net income in 2014 of $1.039 billion.
The National Bank of Canada ( French: Banque Nationale du Canada) is the sixth largest commercial bank in Canada. It is headquartered in Montreal, and has branches in most Canadian provinces and 2.4 million personal clients. [4] National Bank is the largest bank in Quebec, and the second largest financial institution in the province, after ...
The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's 25 largest banks. It has been considered to be one of the safest and soundest banking systems in the world, and avoided major problems in the Financial crisis of 2007–2008. Canada's banks have high service levels and investments in technology.
Pages in category "Government-owned banks of Canada" The following 3 pages are in this category, out of 3 total. This list may not reflect recent changes. A.
Royal Bank of Canada ( RBC; French: Banque Royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than 100,000 employees worldwide. [2] Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters ...
Website. cibc .com. The Canadian Imperial Bank of Commerce ( CIBC; French: Banque canadienne impériale de commerce) is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. [3] The Canadian Imperial Bank of Commerce was formed through the 1961 merger of ...