Knightswood Financial Corp. · Vancouver, BC Canada ·(TSX Venture: KWF)
Company Description
Phone: +1-604-689-1278
Fax: +1-604-689-8892
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Through its subsidiaries and affiliated companies, Knightswood provides financing to companies residing in the agricultural, oil and gas, commercial real estate, and personal financing sectors through the issuance of bonds to investors. Subsidiaries include Opus Cranberries Corporation, Ponderosa Ginseng Farms, and Qwest Energy. Knightswood was established in 1987. To read the full description, subscribe now.
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Key Knightswood Financial Corp. Financials
| Company Type | Public - TSX Venture: KWF Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $0.2 |
| Employees | 1 |
Knightswood Financial Corp. Executives
2 executives listed for Knightswood Financial Corp.'s Vancouver, BC location.
| Title | Name & Bio | Contact |
| Chairman | Stephen McCoach | Network |
| President | Hugh Cartwright | Network |
Competition
Competitive Landscape for Knightswood Financial Corp.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Knightswood Financial Corp. Competitors
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