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Royal Bank Of Canada And Its Diverse Services

by on Oct.16, 2011, under Canada

  • Sumo

Royal Bank of Canada was founded in Halifax. It is Canada’s the largest financial institution. This is based on its financial deposits, revenues and market capitalization. It is also considered to be among the world’s largest banks.

It offers its services in Canada and other countries of the world. This makes it an international financial institution. Its branches are found in Caribbeans, USA and also in forty eight other countries internationally. It has clients in both Canada and other parts of the globe numbering millions. The institution has five business sections.

The first segment is Canadian Banking where it provides personal banking services and business financial services to people living within Canada. This is done through its numerous branches all over Canada, through its ATM network, online banking and contact centers. It reaches about 10 million clients inside Canada.

Then there is its international banking segment which comprises of banking services in the US where it has over 400 branches. It also has a large client base in Caribbean countries where it has over 120 branches. It also serves clients in other 48 countries internationally.

The government and corporates receive financial advice through its capital markets department. The advice is regarding financial markets globally and innovative products to enable them to meet their growth objectives. Actually, this bank has the recognition of being among the fifteen top investment banks internationally.

Their other area of specialization is insurance. They provide access to insurance in Canada for businesses and individuals. They include travel insurance, health insurance, home insurance, auto insurance, among others.

Lastly there is the wealth management section. This segment helps the bank’s clients to grow, protect and transfer their wealth. It is an international service that serves affluent clients with a high net worth. This section also provides estate management, asset management and trust services to clients directly.

RBC Royal Bank has gained recognition in its leading role in diversity. This is visible from its workforce. This bank not only employs a large number of women but it also awards them senior jobs. People looked at as visible majority also get employment. The disabled are considered fairly too.

Royal Bank of Canada is recognized not only for banking services but for corporate social responsibility too. It gives donations to works of charity all over the world. It sponsors athletics and sports both internationally and locally. Different programs regarding environmental preservation have also been initiated by this bank.

BMO is one of the top Canadian financial institutions. Learn interesting facts about Royal Bank of Canada and other Canadian Banks at Canadian Banking Guide.

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    My name is Harry Delgado and I am a full time Internet and Small Business developer and marketer. Over 30 years in the Computer systems development, programming, hardware installations and support. Currently making a living from blogs like HJDS Computer Services , HJDS Investment Group and HJDS BlogBiz. You can connect with me via social media sites at Facebook - LinkedIn - Twitter - YouTube.

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