Variant of NAICS 2002 - Information and Communication Technology (ICT) Sector

522111 - Personal and Commercial Banking IndustryCAN

This Canadian industry comprises establishments primarily engaged in accepting deposits from, and issuing loans to, persons or small- and medium-sized businesses. Establishments of chartered banks, trust companies and deposit-accepting mortgage companies that are primarily engaged in these activities are included.

  • Exclusion(s):

    • local credit unions (See 522130 Local Credit Unions)
    • provincial government savings establishments that channel deposits to the government rather than lending them to customers (See 522190 Other Depository Credit Intermediation)
  • Example Activities:

    • Bank branches, chartered, providing personal and commercial banking services
    • Deposit-accepting mortgage companies (except co-operative)
    • Establishments of chartered banks providing personal and commercial banking services
    • Establishments of trust companies providing personal and commercial banking services
    • Trust company branches, chartered, providing personal and commercial banking services
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