Royal Bank of Canada (RBC) is one of the leading banking institutions in Canada. Founded in 1864, RBC is a distinguished name in Canadian and international banking scenes. It has been growing in size and influence for over one hundred years.
RBC maintains a worldwide presence with over 80,000 employees, a network of over 1,200 branches, and 10 million clients. Its operations network is located in 37 countries across five continents and serves more than 16 million clients worldwide.
RBC offers a variety of products and services ranging from personal banking to business banking, investing, and wealth management. It also provides mortgage and auto financing and specializes in Investment Banking, Private Banking, and Corporate Banking.
RBC is strongly committed to corporate social responsibility and sustainability and has been recognized as one of the world's most sustainable companies. RBC has taken action to reduce its carbon footprint, promote diversity and inclusion, and support various charitable initiatives.
RBC is Canada's largest bank by assets and is a component of the country's premier stock index, the S&P/TSX Composite. It was named Canada's most valuable consumer brand in 2018 and was recently recognized as Canada's number one banking brand by Brand Value Magazine.
RBC's investments span several sectors: energy, transportation, financial services, healthcare, and technology. It has established itself as a leader in impact investing and has received several awards for supporting socially and environmentally responsible companies.
RBC has an impressive suite of mobile banking solutions. Its Mobile Banking app is Canada's highest-rated banking app, and its wealth management app was named Digital Bank of the Year by Mobile Breakthrough in 2019.
RBC runs one of the largest proprietary trading operations in the world. It is the single largest trader of equities on the Toronto Stock Exchange and one of the largest traders of energy-related products in North America.
RBC focuses on cybersecurity and is committed to helping protect its customers and employees from cyber fraud. It is a founding member of the Canadian Cybersecurity Institute and is the recipient of awards for its secure digital solutions.
RBC's history is closely tied to the development of the Canadian economy. It has been renowned for its contributions to developing the country's transportation and communications networks and the birth of the modern Canadian banking system.
RBC's commitment to its customers goes beyond financial services. It provides free access to hundreds of financial education guides, articles, and webinars for customers making their way around the world.