list and names of banks and loan company in Canada

In this article you will learn the list and names of banks in Canada and loan companies- Canada currently has 81 banks which comprise of (34) Domestic Banks ,(15) Foreign Banks . Canada also have (28) Foreign Bank Branches – Full Service and (4) Foreign Bank Branches – Lending

The Office of the Superintendent of Financial Institutions (OSFI),regulates the country’s financial institution and it reports to the Minister of Finance (the Minister), and the Financial Consumer Agency of Canada (FCAC).

In order to carry on business in Canada, a bank or a foreign bank branch must obtain approvals from each of the Superintendent of Financial Institutions

Also read: How to register a business in Canada -What you need to know

The Canadian financial institution comprises of :

Banks (81)
Trust Companies (43)
Loan Companies (15)
Life Insurance Companies (60)
Fraternal Benefit Societies (9)
Property & Casualty Insurance Companies (148)
Foreign Bank Representative Offices (18)

 

Names of Canada Domestic Banks (34) Schedule I

1. B2B Bank
B2B Bank is a leading provider of banking products and services to financial advisors and mortgage brokers across Canada.

2. Bank of Montreal
BMO offers a wide range of personal banking services including mortgages, credit cards, loans and insurance. Access accounts with 24/7 online banking.

3.Bank of Nova Scotia
The Bank of Nova Scotia offer personal and commercial banking, wealth management and private banking, corporate and investment banking

4.Bridgewater Bank
Bridgewater Bank is a Canadian Schedule I chartered bank that manages over $2.5 billion in residential mortgages and deposits, representing over 40,000 accounts across Canada. We specialize in competitive residential mortgages and deposit products, offered through a select network of trusted brokers.

5. Caisse populaire acadienne ltée (UNI)
6.Canadian Imperial Bank of Commerce
7.Canadian Tire Bank
8.Canadian Western Bank
9.Coast Capital Savings Federal Credit Union
10.Concentra Bank

11.CS Alterna Bank
12.Digital Commerce Bank
13.Equitable Bank
14.Exchange Bank of Canada
15.Fairstone Bank of Canada
16.First Nations Bank of Canada
17.General Bank of Canada
18.Haventree Bank
19.Home Bank
20.HomeEquity Bank

21. Laurentian Bank of Canada
22.Manulife Bank of Canada
23.Motus Bank
24.National Bank of Canada
25.Peoples Bank of Canada
26.President’s Choice Bank
27.RFA Bank of Canada
28.Rogers Bank
29.Royal Bank of Canada
30.Tangerine Bank

31. Toronto-Dominion Bank
32.Vancity Community Investment Bank
33.VersaBank
34.Wealth One Bank of Canada

Also read:Best Payday loans lenders in Canada

Names of Canada Foreign Bank Subsidiaries: Schedule II

1.Amex Bank of Canada
2.Bank Of China (Canada)
3.Citibank Canada
4.Cidel Bank Canada
5.Citco Bank Canada
6.CTBC Bank Corp. (Canada)
7.Habib Canadian Bank
8.HSBC Bank Canada
9.ICICI Bank Canada
10.Industrial and Commercial Bank of
11.J.P. Morgan Bank Canada
12.KEB Hana Bank Canada
13.SBI Canada Bank
14.Shinhan Bank Canada
15,UBS Bank (Canada)

 

Names of Canada bank Foreign Bank Branches: Schedule III- Full Service (28)

1. Bank of America, National Association
2.Bank of China, Toronto Branch
3.Bank of New York Mellon (The)
4.Barclays Bank PLC, Canada Branch
5.BNP Paribas
6.Capital One Bank (Canada Branch)
7.Capital One, National Association
8.China Construction Bank Toronto Branch
9.Citibank, N.A.
10.Comerica Bank

11. Deutsche Bank AG
12.Fifth Third Bank, National Association
13.First Commercial Bank
14.JPMorgan Chase Bank, National Association
15.M&T Bank
16.Maple Bank (in wind-up under the Winding-up & Restructuring Act) (In Liquidation)
17.Mega International Commercial Bank Co., Ltd.
18. Mizuho Bank, Ltd., Canada Branch
19.MUFG Bank, Ltd., Canada Branch
20.Northern Trust Company, Canada Branch (The)

21. PNC Bank Canada Branch
22.Rabobank Canada
23.Société Générale (Canada Branch)
24.State Street
25.Sumitomo Mitsui Banking Corporation, Canada Branch
26. U.S. Bank National Association
27.United Overseas Bank Limited
28.Wells Fargo Bank, National Association, Canadian Branch

Read: Best Short Term Loans lender in Canada

Names of Canada bank Foreign Bank Branches – Lending (4)

1.Crédit Agricole Corporate and Investment Bank (Canada Branch)
2.Credit Suisse AG, Toronto Branch
3.Natixis Canada Branch
4.Silicon Valley Bank

Canada Loan Companies (15)

The Canadian loan company is a financial institution that operates under either provincial or federal legislation and conducts activities similar to those of a bank. The following institutions are regulated under the federal Trust and Loan Companies Act.

1,Bank of Montreal Mortgage Corporation
2.BMO Mortgage Corp.
3.CCB Mortgage Investment Corporation (In Liquidation)
4.CIBC Mortgage Corporation (In Liquidation)
5.CIBC Mortgages Inc.
6.GPC Financial Corporation
7.HSBC Mortgage Corporation (Canada)
8.League Savings and Mortgage Company
9.MCAN Mortgage Corporation
10.Royal Bank Mortgage Corporation

11.Scotia Mortgage Corporation
12.Services Hypothécaires CIBC Inc. (In Liquidation)
13.Settlers Savings and Mortgage Corporation (In Liquidation)
14.TD Mortgage Corporation
15,TD Pacific Mortgage Corporation

 

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