Leading banks in Canada 2021, by assets
With total assets amounting to almost 1.73 trillion Canadian dollars, Toronto-Dominion Bank (TD Bank) is the largest bank in Canada, closely followed by the Royal Bank of Canada (RBC) with total assets of around 1.71 trillion Canadian dollars. The revenues of these banks increased since 2015, indicating that the banking sector in Canada is growing.
The Canadian Banking industry
Canada is a large, diverse country, and the domestic banks provides several different banking services: retail banking, investment banking, corporate banking and private banking. In retail banking, also known as consumer banking, which refers to banking services to individuals, non-corporate, customers, RBC received the highest customer satisfaction in 2021.
Canadian banks in a global perspective
The two largest Canadian banks - TD Bank and RBC - are not only the largest banks in Canada in terms of market capitalization, but are also among the largest banks in the world, following a range of U.S. and Chinese based banks. The largest bank worldwide, by market capitalization is JPMorgan Chase.
The Canadian Banking industry
Canada is a large, diverse country, and the domestic banks provides several different banking services: retail banking, investment banking, corporate banking and private banking. In retail banking, also known as consumer banking, which refers to banking services to individuals, non-corporate, customers, RBC received the highest customer satisfaction in 2021.
Canadian banks in a global perspective
The two largest Canadian banks - TD Bank and RBC - are not only the largest banks in Canada in terms of market capitalization, but are also among the largest banks in the world, following a range of U.S. and Chinese based banks. The largest bank worldwide, by market capitalization is JPMorgan Chase.
