Schedule 2 Banks in Canada

Schedule II Banks in Canada are the banks in Canada which are subsidiaries of foreign banks. Schedule II Banks are allowed to accept deposits. Like the Schedule I banks, the Schedule II banks are incorporated under the Bank Act. Some examples of  Schedule 2 banks are AMEX Bank of Canada, Citibank Canada, HSBC Bank Canada etc. As of September 2013, there were 24 of these banks in Canada, however 3 were in liquidation.

Bank Parent Country
AMEX Bank of Canada  USA
Bank of America Canada (in voluntary liquidation)  USA
Bank of China (Canada)  China
Bank of Tokyo-Mitsubishi UFJ (Canada)  Japan
Bank One Canada (in voluntary liquidation)  USA
BNP Paribas (Canada)  France
BofA Canada Bank  USA
Citco Bank Canada  USA
Citibank Canada  USA
CTC Bank of Canada  Taiwan
Habib Canadian Bank   Switzerland
HSBC Bank Canada  UK
ICICI Bank Canada  India
Industrial and Commercial Bank of China (Canada)  China
J.P. Morgan Bank Canada  USA
J.P. Morgan Canada (in liquidation)  USA
Korea Exchange Bank of Canada  South Korea
Mega International Commercial Bank (Canada)  Taiwan
Shinhan Bank Canada  South Korea
Société Générale (Canada)  France
State Bank of India (Canada)  India
Sumitomo Mitsui Banking Corporation of Canada  Japan
UBS Bank (Canada)  Switzerland

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