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Standard Industrial Classifications Codes (SIC Codes) /
North American Industry Classification System (NAICS)

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522111Personal and Commercial Banking Industry
This 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 (522130, Local Credit Unions); and *provincial government savings establishments that channel deposits to the government rather than lending them to customers (522190, Other Depository Credit Intermediation).

522112Corporate and Institutional Banking Industry
This industry comprises establishments primarily engaged in issuing loans to large businesses, governments or other large institutional clients, using funds primarily obtained from related personal and commercial banking establishments. Corporate and institutional banking establishments provide deposit and other services to their clients. Establishments of chartered banks that are primarily engaged in issuing loans to the above-mentioned clients are included.

Exclusion(s): Establishments primarily engaged in:

*investment banking (523110, Investment Banking and Securities Dealing).



Standard Industrial Classifications Codes (SIC Codes) Main Page

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