Laurentian Bank of Canada, Assets allocation challenge
A. Introduction Generally, banks receive money from depositors (at a lower interest rate) and lend it to borrowers (at a higher interest rate). There are always the people who have extra money to invest in the short-term from one side and on the other, the ones who need these money. Banks as a mediator do […]
The comparison of 5 Canadian banks fundamental data
Royal Bank of Canada (RBC), Toronto Dominion (TD), Scotiabank (BNS), Bank of Montreal (BMO), and Laurentian Bank (LB) While the interest rates remain high and the banks’ profitability has declined, RBC and TD, above all other banks, continue to compete in the Canadian market, with a growth rate faster than the others. The following items […]