Biggest banks in B.C. in 2022

 

Ranked by 2021 assets

Published on January 24, 2022, as part of the Top 100 money sources in B.C. section. See also asset-based lenders, credit unions, investment banking firms, investment fund management firms and mezzanine lenders. Sources: Interviews with financial institutions and BIV research.

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Rank '22 Bank Top local executive(s) Partial list of subsidiaries Total B.C. staff '21/'20 Deposits '21/'20 (000s) Assets '21/'20 (000s)
1

Royal Bank of Canada (RBC Financial Group)
1055 Georgia St W, Vancouver V6E 3S5
P: 800-769-2511 F: NP rbc.com

Martin Thibodeau, regional president, B.C.

Royal Bank Holdings; Royal Mutual Funds; RBC Insurance Holdings; RBC Direct Investing; RBC Phillips, Hager & North Investment Counsel; RBC Capital Trust; Royal Trust Co

7,196
7,030

$1,100,831
$1,011,885,000

$1,706,320,000
$1,624,548,000

2

BMO Financial Group
595 Burrard St, Vancouver V7X 1L7
P: 877-225-5266 F: 604-665-2610 bmo.com

James Kitamura, regional president, personal banking, Paul Seipp, regional president, business banking

Bank of Montreal Capital Markets;
Bank of Montreal (China) Co Ltd;
Bank of Montreal Holding Inc;
BMO Investments Ltd;
BMO Nesbitt Burns Holdings Corp;
BMO Harris Bank National Association;
BMO Trust Co

NP
2,020

NP
NP

$973,211,000
$949,261,000

3

CIBC
400 Burrard St 2nd Floor, Vancouver V6C 3A6
P: 604-665-1645 F: 604-665-1114 cibc.com

Paulo Brazinha, senior vice-president and region head, B.C. region

CIBC Asset Management Inc,
CIBC BA Ltd,
CIBC Investor Service Inc,
CIBC Life Insurance Co Ltd,
CIBC Mortgages Inc,
CIBC Securities Inc,
CIBC Trust Corp,
CIBC World Markets Inc,
Intria Items Inc,
CIBC Holdings (Cayman) Ltd

3,003
2,083

$621,158,000
$570,740,000

$837,683,000
$769,551,000

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