Abstracts » Business, general

Bank (Canadian) industry

Article Abstract:

Many Canadian banks can expect good earnings growth in fiscal 1997, but this growth may slow in the following year because of slight increases in loan loss provisions. While lending will continue to be a major role in banking, there are opportunities in higher-growth areas. Foreign expansion through acquisitions is an emerging trend in Canadian banking. All of the equities of this industry are timely, but only a few have significant potential for capital appreciation up to the years 2000-2002.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Economic aspects, Banks (Finance)

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Bank (Canadian) industry

Article Abstract:

The Canadian economy is expected to experience slower growth in 1998 and bank loan activity in Canada is not expected to expand. However, this will allow Canadian banks to have sufficient capital for share buybacks, mergers, and dividends. Banks in Canada have also been able to increase bottom-line growth through client bond and equity market services beyond lending. There are several good Canadian bank stocks for income and growth through 2002.

Bank of Nova Scotia (Canada)

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Bank (Canadian) industry

Article Abstract:

The Canadian economy's growth is expected to slow in late 1998 and early 1999, but a recession is not likely with low interest rates and inflation. Loan activity is expected to expand by 20% in 1998, but will slow in 1999, and Canadian banks are entering new non-lending businesses, and using freed capital for share buybacks, dividends, and acquisitions. Income-oriented investors will find good selections here, although the industry is untimely.

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