Safest Banks in Canada
Following are the best and safest banks in Canada:
Royal Bank of Canada (RBC)
- RBC is ranked No. 10 among the world's safest banks (No. 1 in Canada), according to Global Finance's 19th annual list.
- It was named "2007 Bank of the Year" in Canada by The Banker.
- RBC is the fifth largest financial institution in North America and ranked among the top 25 banks in the world (15th as at 12/9/2008).
Toronto-Dominion Bank
- Ranked among the world top 15 safest banks (2nd in North America) by Global Finance magazine in 2010.
- The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group (TDBFG), offering a full range of financial products and services.
- As of 31 July 2010, TD Bank Financial Group had CDN $603 billion in assets. It is also ranked among the world's leading online financial services firms, with more than six million online customers.
Scotiabank
- It is among the top three safest banks in Canada. Scotiabank Group and its affiliates offer a diverse range of products and services, including personal, commercial, corporate and investment banking, to its customers.
- In 2009, Scotiabank joined a group of only 11 blue-chip Canadian companies on the Dow Jones Sustainability World Index (DJSI World).
Caisse centrale Desjardins
- Ranked 4th among the World’s Safest Banks in North America for 2010 (Global Finance).
- Desjardins Group is the first cooperative financial group in Canada and sixth largest in the world (2009). It comprises a network of financial service cooperatives – caisses and credit unions, and subsidiary companies in life and general insurance, securities brokerage, venture capital and asset management.
- It provides financing, banking and international services to institutional organizations (governments, municipalities, school districts, etc.), large and medium-sized businesses and various Desjardins Group entities.
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Royal Bank of Canada (RBC)
- RBC is ranked No. 10 among the world's safest banks (No. 1 in Canada), according to Global Finance's 19th annual list.
- It was named "2007 Bank of the Year" in Canada by The Banker.
- RBC is the fifth largest financial institution in North America and ranked among the top 25 banks in the world (15th as at 12/9/2008).
Toronto-Dominion Bank
- Ranked among the world top 15 safest banks (2nd in North America) by Global Finance magazine in 2010.
- The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group (TDBFG), offering a full range of financial products and services.
- As of 31 July 2010, TD Bank Financial Group had CDN $603 billion in assets. It is also ranked among the world's leading online financial services firms, with more than six million online customers.
Scotiabank
- It is among the top three safest banks in Canada. Scotiabank Group and its affiliates offer a diverse range of products and services, including personal, commercial, corporate and investment banking, to its customers.
- In 2009, Scotiabank joined a group of only 11 blue-chip Canadian companies on the Dow Jones Sustainability World Index (DJSI World).
Caisse centrale Desjardins
- Ranked 4th among the World’s Safest Banks in North America for 2010 (Global Finance).
- Desjardins Group is the first cooperative financial group in Canada and sixth largest in the world (2009). It comprises a network of financial service cooperatives – caisses and credit unions, and subsidiary companies in life and general insurance, securities brokerage, venture capital and asset management.
- It provides financing, banking and international services to institutional organizations (governments, municipalities, school districts, etc.), large and medium-sized businesses and various Desjardins Group entities.
* Featured Articles:
Best Investment Banks in Canada
Top Financial Institutions in Canada
Largest Banks in the USA and Canada