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Knightswood Financial Corp. · Vancouver, BC Canada ·(TSX Venture: KWF)

Company Description

650 W. Georgia St., Ste. 1601
Vancouver, BC
V6B 4-N7
Canada (Map)
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 TypePublic - TSX Venture: KWF

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$0.2
    Employees1

    Knightswood Financial Corp. Executives

    2 executives listed for Knightswood Financial Corp.'s Vancouver, BC location.
    TitleName & BioContact
    ChairmanStephen McCoachNetwork
    PresidentHugh CartwrightNetwork

    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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