Traduction de «Banque interaméricaine d'épargne et de prêt » (Français → Anglais) :

Inter-American Savings and Loan Bank

Inter-American Housing Union [ Inter-American Savings and Loan Union | Inter-American Union of Savings and Loan for Housing ]

9 (1) For the purposes of section 51 of the Act, an officer of a branch of a bank (which includes a savings bank operated under the Quebec Savings Banks Act), of a loan or savings company, of an insurance company, or of a trust company approved by the Minister and listed in Schedule B hereto, shall in the presence of a representative of the estate represent the Minister at the opening of a depository located where such officer is employed for the purpose of examining the contents thereof and permitting the withdrawal therefrom of the will of the deceased.

(c) securities issued by a private mutual fund; (d) negotiable promissory notes or commercial paper maturing not more than one year from the date of issue, provided that each such note or commercial paper traded to an individual has a denomination or principal amount of not less than $50,000; (e) mortgages or other encumbrances upon real or personal property, other than mortgages or other encumbrances contained in or secured by a bond, debenture or similar obligation or in a trust deed or other instrument to secure bonds or debentures or similar obligations, if such mortgages or other encumbrances are offered for sale by a person or company registered or licensed, or exempted from the requirement to be registered or licensed, by or under ...[+++]an Act of the legislature of a province that regulates persons who sell such mortgages or encumbrances; (f) securities evidencing indebtedness due under any conditional sales contract or other title retention contract providing for the acquisition of personal property if such securities are not offered for sale to an individual; (g) securities issued by an issuer organized exclusively for educational, benevolent, fraternal, charitable, religious or recreational purposes and not for profit, where no commission or other remuneration is paid in connection with the sale thereof; (h) securities issued by a cooperative to which the Canada Co-operatives Act applies or by a cooperative entity incorporated and regulated by or under an Act of the legislature of a province; (i) membership shares of an association to which the Cooperative Credit Associations Act applies, a central cooperative credit society for which an order has been made under subsection 473(1) of that Act or a cooperative credit society incorporated and regulated by or under an Act of the legislature of a province;

However, what it really means—and the parliamentary secretary does not want to mention this—is that when someone goes into the TD Bank for a loan, that bank or loans manager is going to take out a hammer and that hammer is going to be something like this: the Toronto-Dominion Bank will approve the loan if—and this is a big if—you, the customer, will move your registered retirement savings plan or your car insurance or your home mortgage. There are endless possibilities here.

The principle distinction between the regulatory regimes is that there continues to be a focus for savings banks on, not just residential mortgages and lending anymore, but on consumer lending generally. This would include residential mortgages, although it also includes credit cards and instalment lending, which is what our thrift primarily does.