The Royal Bank of Canada (RBC) is a leading multinational financial services institution headquartered in Montreal, Quebec. It was founded in 1864 in Halifax, Nova Scotia and has grown to become Canada’s largest bank by market capitalization. RBC has a global presence, with over 86,000 employees serving more than 16 million customers across Canada, the United States, and 34 other countries.
RBC offers a wide range of financial services, including personal and commercial banking, wealth management, insurance, and investment banking. With a focus on innovation and technology, RBC is at the forefront of digital banking, offering mobile and online banking services enabling customers to manage their finances anytime.
As a socially responsible company, RBC is committed to supporting the communities where it operates through various charitable initiatives and partnerships. In 2021, RBC donated over $130 million to community organizations and supported over 3,000 projects through its RBC Future Launch program.
One of RBC’s notable achievements is its leadership in sustainable finance. In 2020, RBC was named the most sustainable bank in North America by the Dow Jones Sustainability Index for the seventh consecutive year. It has also been recognized as one of the world’s most ethical companies by the Ethisphere Institute for nine consecutive years.
Overall, the Royal Bank of Canada’s commitment to innovation, social responsibility, and sustainability has helped it establish a strong reputation as a global financial services leader in Canada and globally.