NAICS Canada 522111—Personal and commercial banking industry

Where 522111 sits

1. 52 Finance and insurance
2. 522 Credit intermediation and related activities
3. 5221 Depository credit intermediation
4. 52211 Banking
5. 522111 Personal and commercial banking industry

Description

This Canadian industry comprises establishments primarily engaged in accepting deposits from, and issuing loans to, persons or small- and medium-sized businesses.

What 522111 includes

• Branches of foreign banks, deposit-accepting, providing personal and commercial banking services
• Chartered banks, trust companies and deposit-accepting mortgage companies that are primarily engaged in accepting deposits from, and issuing loans to, persons or small- and medium-sized businesses

What 522111 excludes

• Deposit-accepting mortgage companies, co-operative (see 522190 other depository credit intermediation (us))
• Local credit unions (see 522130 credit unions (us))
• Provincial government savings establishments that channel deposits to the government rather than lending them to customers (see 522190 other depository credit intermediation (us))

Example activities

• branches of chartered banks providing personal and commercial banking services
• branches of trust companies providing personal and commercial banking services
• deposit-accepting mortgage companies (except co-operative)
• alberta treasury branches
• bank agent, québec, small communities
• bank branches, chartered, providing personal and commercial banking services
• trust companies, depository
• trust company branches, chartered, providing personal and commercial banking services

522111 in other systems