Bank (Canadian) industry
Article Abstract:
The Canadian economy remains strong in the year 2001 and this has had a good effect on Canadian bank profits and earnings. Customer service, loans, and investment banking activities are also strong for the year. These stocks are difficult to evaluate for the long term, but are usually low in risk for income-oriented investors.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2001
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Bank (Canadian) industry
Article Abstract:
Noninterest income of Canadian banks, such as underwriting and other fee-based activities, has increased in 2001. However, loan growth is expected to slow and these banks must expand services. These stocks are safe investments, but growth potential for the next three to five years is only average.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Bank (Canadian) industry
Article Abstract:
The Canadian banking industry has seen solid growth in the 3rd qtr of the year 2001, but the slowing Canadian economy may have an effect on loans. Fee-based revenues will become more important as a result, also. Prospects for these stocks are difficult to forecast.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2001
User Contributions:
Comment about this article or add new information about this topic: