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Home  »  Bank of Canada  »  Maple Bank
Maple Bank
 

Maple Financial Group is a privately held, global financial organization based in Canada. The Bank provide banking, securities and financial services to financial institutions, corporations and individuals throughout the world. While the Bank are known as innovators, it is also risk averse, and conservative bias makes the organization a secure and reliable counterparty. Maple Financial was founded in 1986. Today, the Bank have over 260 employees, with offices in Toronto, Frankfurt, Jersey City, London and Milan. Maple Financial’s subsidiaries include a German bank with branches in Canada and Italy, and broker-dealers in Canada, the U.S. and the U.K. The business activities are overseen by national regulators in Germany, Canada, the United States and the United Kingdom. Maple Bank operates in Canada through its full-service Schedule III Foreign Bank Branch based in Toronto, Ontario. The primary businesses of the Toronto Branch of Maple Bank include securities finance and structured secured wholesale lending.

 
 

In addition, the Toronto Branch brings the treasury strength of Maple Bank to the other Maple Financial businesses in North America including Maple Trade Finance and proprietary trading in Maple Securities Canada Limited.

 
  Maple Bank
Category : Schedule III
SWIFT Code : MAPLCATT

Address :
79 Wellington Street West
Suite 3500, P.O. Box 328
Toronto, Ontario
Canada M5K 1K7


Telephone : +1 (416) 350-8200

Website :  www.maplebank.com

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Unlike the Schedule I and Schedule II banks, as a Schedule III bank, Maple Bank (Canada branch) are NOT incorporated under the Bank Act and therefore operate in Canada under other government-mandated restrictions. Schedule III banks usually operate within the country's largest cities (being Toronto, Montreal, Calgary and Vancouver), under certain restrictions mentioned in the Act. As of October 2010, there were 23 such banks in Canada.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.
 

 

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