Search results
Results from the WOW.Com Content Network
The Bank of Nova Scotia (French: Banque de Nouvelle-Écosse ), operating as Scotiabank (French: Banque Scotia ), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five banks, it is the third-largest Canadian bank by deposits and market capitalization.
The bank was founded by ING Group in April 1997 as ING Bank of Canada (operating as ING Direct). In November 2012, it was acquired by Scotiabank. [4] The new name for the bank was revealed in November 2013, and the Tangerine branding was rolled out beginning in April 2014.
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 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.
Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies. It is dominated by a small number of large banks, with the six largest combining for 93% of the banking assets. [1] The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's ...
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 ...
The Laurentian Bank of Canada ( LBC; French: Banque Laurentienne du Canada) is a Schedule 1 bank that operates primarily in the province of Quebec, with commercial and business banking offices located in Ontario, Alberta, British Columbia, and Nova Scotia. [3] LBC's Institution Number (or routing number) is 039.
The Interac e-Transfer service is offered by CertaPay. It allows online banking customers to send money to anyone with an e-mail address or a cellphone number and a bank account in Canada. Prior to February 2018, this was an Interac-branded service operated by Acxsys Corporation. Interac e-Transfer service is designated as a prominent payment ...