GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
^
76% - Very Often

Canadian Bankers Association

Canadian Bankers Association
Is a company established in 1891.

Website:http://www.cba.ca
Acronyms &
abbreviations:
CBA
Relevant locations:Canada
Year established:1891
Notes:One of Canada's oldest business associations.
Filed Under: companies-associations, financial-banking
Tags: banking
 

Definition of Canadian Bankers Association (CBA)

Canadian Bankers Association (CBA)
1. A professional industry association that provides information, research, advocacy, education and operational support services primarily to the banking industry.

Related Terms and Acronyms:

  • bank   An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
  • chartered banks   Financial institutions regulated under the Bank Act. Chartered banks are designated as Schedule I or Schedule II depending on their ownership.
  • Institute of Canadian Bankers   An institute that provides education and training programs specific to professionals in the financial-service industry
  • international banking   The operation of bank branches and subsidiaries located outside Canada. This area of banking also includes the supervision of correspondent banking relationships, foreign exchange trading, and trade finance.
  • investment banking (IBK)   Bank operations that manage a bank's funding position, as well as its holdings of Treasury bills, bonds and preferred and common stock.
  • retail banking   Banking services offered to individual customers such as savings accounts, personal loans, cheque cashing, and RRSPs.
  • schedule i banks   A designation in the Bank Act that refers to Canadian-owned banks that are widely held, i.e., ones in which no one owner holds more than 10% of shares.
  • schedule ii banks   A designation in the Bank Act that refers to foreign-owned banks and closely held Canadian banks, i.e., banks in which an owner may hold more than 10% of outstanding stock.
  • schedule iii banks   Foreign banks not incorporated under the bank act that are allowed to conduct business in Canada.

Broad and Narrow Associations

[Canadian Bankers Association]
  • Fellow of the Canadian Bankers Association (FCBA) — Canada, Low Relevance

Search the Glossary

Who has the Best Mortgage Rate?
There are well over a hundred mortgage lenders in Canada competing for your business. Wouldn't it be nice to know who's got the best mortgage rates in Canada? Whether you want flexibility or rock-bottom rates, we will make sure you get what you need.
Canadian Mortgage Rates
 
Canada's Mortgage Brokerage
Get a fast, safe, online mortgage. We provide low mortgage rates, great service and fast application turnaround times. We'll have you living in your new home long before the banks can.
Mortgage Rates
 
Credit Card Points Calculator
Cash back or rewards points, which one gives you the best value for your credit card purchases? It all depends. How much cash back are they offering? What exactly IS a point? What is it worth, and what can you get with your points? Our credit card points calculator will help you decide which is best for you.
Credit Card Points Calculator