Canadian Western Bank Group - Company Profile
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Canadian Western Bank Group (CWB) is a diversified financial services provider offering banking, wealth management, and trust services. Sound capital adequacy, assets under management , and diversified product and services are some of its major strengths, even as a deterioration in cost efficiency, and non-interest income remain areas for concern. The emergence of FinTech, and growing cards and payments channel and wealth management industry in Canada could offer ample growth opportunities to the bank. However, risks related to online identity theft and hacking, competition, and emergence of neobanks could affect the bank’s business performance.
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