Royal Bank of Canada (RBC)

The first bank of the Big Five, also the largest of the group is the Royal Bank of Canada (RBC). The bank is also a Canadian multinational financial services company, with a corporate headquarters in Toronto and its head office in Montreal. RBC was ranked 50th in the 2013 Forbes Global 2000 listing and was added to the Financial Stability Board's list of global systemically important banks in November 2017. Furthermore, RBC is a member of the Canadian Bankers Association as well as a registered member of the Canada Deposit Insurance Corporation, a federal organization that insures deposits at all chartered banks in Canada.

Royal Bank of Canada provides personal and commercial banking, wealth management, corporate and investment banking, insurance and trust, and asset management services to a wide range of clients, including individuals, small businesses, general commercial entities, etc. Any customer can have great services at the Royal Bank of Canada whether it's related to bank accounts, credit cards, loans, mortgages, or investments, etc. Especially, one of the biggest benefits of the bank is that its clients don't have to pay the monthly service charge, have unlimited free local RBC ATM withdrawals using RBC Visa Debit Card, unlimited free in-branch/cheque items, and make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night.

According to the Canadian Imperial Bank of Commerce's "Annual Report 2021", the Royal Bank of Canada has total assets of C$ 1,7 trillion, net revenue of around C$ 49.69 billion, and a market capitalization of C$ 197.93 billion. The bank has over 17 million clients worldwide, over 86,000 full-time employees, and over 1,300 branches.

Founded: 1864
Headquarters: Royal Bank Plaza, Toronto, Canada.
Website: https://www.rbc.com