Concentration of credit risk (Tables)

12 Months Ended

Oct. 31, 2020

Text block [abstract]

Exposure to credit risk

Credit exposure by country of ultimate risk

$ millions, as at October 31							2020								2019
	Canada		U.S.		Other countries		Total		Canada		U.S.		Other countries		Total
On-balance sheet
Major assets (1)(2)(3)	$	512,542	$	151,337	$	70,945	$	734,824	$	444,317	$	120,286	$	55,844	$	620,447
Off-balance sheet
Credit-related arrangements
Financial institutions	$	48,236	$	13,482	$	12,737	$	74,455	$	47,815	$	13,526	$	12,318	$	73,659
Governments		9,860		10		7		9,877		9,208		10		14		9,232
Retail		142,351		554		434		143,339		130,544		510		432		131,486
Corporate		70,130		30,839		8,452		109,421		61,228		28,907		8,266		98,401
	$	270,577	$	44,885	$	21,630	$	337,092	$	248,795	$	42,953	$	21,030	$	312,778

(1) Major assets consist of cash and deposits with banks, loans and acceptances net of allowance for credit losses, securities, securities borrowed or purchased under resale agreements, and derivative instruments.

(2) Includes Canadian currency of $497.3 billion (2019: $426.0 billion) and foreign currencies of $237.5 billion (2019: $194.4 billion).

(3) No industry or foreign jurisdiction accounted for more than 10% of loans and acceptances net of allowance for credit losses, with the exception of the U.S., which accounted for 13% as at October 31, 2020 (2019: 12.1%).