Search results for : rbc
April 18, 2017
RBC sponsors Kingdor National Parkinson's Foundation ball
Many people living with Parkinson's disease will benefit from donations to support a cure as a result of RBC's annual sponsorship of the Kingdor National Parkinson Foundation. Since its inception more than five years ago, RBC has continued to support the foundation through sponsorship of its annual ball.
This year the foundation's theme, "Parkinson: The Gift of Sharing" developed with the objectiv...
RBC FINCO's non-performing loans at 118 million
April 02, 2017
RBC FINCO's non-performing loans at 118 million
Non-performing loans continue to remain elevated for RBC FINCO, underscoring the country's mortgage crisis in the company's first-quarter unaudited financials published last week for the period ending January 31, 2016.
Chairman of RBC FINCO Robert Johnston admitted that the company "continues to face challenges with new credit origination".
In his review of the financials Johnston said, " Non-perf...
March 26, 2017
RBC Royal Bank Private Banking donates computers to Elizabeth Estates Children's Home
Any funds donated to the Elizabeth Estates Children's Home in recent times went toward basic necessities, especially as the home remained in recovery mode following the ravages of Hurricane Matthew. At the home, 18 children between the ages of 12 and 17 shared five computers. RBC Royal Bank's private banking team stepped up to help provide more access to computing resources and relieve the demand ...
March 08, 2017
Mitchell: RBC closures will have 'devastating' impact on Bimini, Spanish Wells
Minister of Foreign Affairs and Immigration Fred Mitchell said yesterday the expected closure of RBC Royal Bank on Bimini and Spanish Wells will have a "devastating" impact on these communities.
The Canadian bank recently announced plans to close four branches, including branches at Lynden Pindling International Airport on New Providence and Treasure Cay, Abaco.
While speaking in Parliament, Mitch...
RBC FINCO's non-performing mortgages up 16.9M
March 07, 2017
RBC FINCO's non-performing mortgages up 16.9M
RBC FINCO shed light on the country's mortgage crisis yesterday, revealing in its annual report a $16.9 million increase in non-performing mortgages for the fiscal year that ended October 31, 2016.
Director of RBC FINCO Franchon Braynen outlined the challenges in the country's mortgage business.
"Our mortgage lending business in The Bahamas continues to be challenged by deteriorating economic cond...
RBC reducing branch complement via mergers
March 02, 2017
RBC reducing branch complement via mergers
RBC (Bahamas) announced yesterday that it would be merging four of its branches with four others as the commercial bank seeks to digitize many of its services. It is unclear, however, how many employees would be impacted by this move.
In a statement sent to Guardian Business, RBC disclosed that the following branches would be merged: Treasure Cay branch with Marsh Harbour branch effective April 7;...
RBC volunteers serve over 750 seniors hot meals at annual Salvation Army Christmas luncheon
December 20, 2016
RBC volunteers serve over 750 seniors hot meals at annual Salvation Army Christmas luncheon
Over 750 individuals benefitted from RBC Royal Bank's recent sponsorship of The Salvation Army's annual Christmas luncheon. Each participant received a hot holiday meal and a pre-packaged food hamper from RBC volunteers.
"This partnership and annual event are very special to us at RBC. We are so grateful for this opportunity to invest in our community. For years RBC Royal Bank has supported this a...
December 11, 2016
RBC launches new mobile banking app and online banking website
RBC Royal Bank recently launched its mobile banking app for iOS and Android devices across the Caribbean. This new, innovative service provides flexibility and convenience to RBC's personal and business banking clients. Clients can now conduct transactions anywhere, anytime, using any device.
The bank also introduced its new online website, which provides easy navigation across a wide range of dev...
December 08, 2016
RBC launches new mobile banking app and online banking website
RBC Royal Bank recently launched its mobile banking app for iOS and Android devices across the Caribbean. This new, innovative service provides flexibility and convenience to RBC's personal and business banking clients. Clients can now conduct transactions anywhere, anytime, using any device.
The bank also introduced its new online website, which provides easy navigation across a wide range of dev...
RBC lauds govt's revamped mortgage relief program
November 22, 2016
RBC lauds govt's revamped mortgage relief program
Officials at Royal Bank of Canada (RBC) Bahamas lauded the impact of the government's revamped mortgage relief program (MRP) on some clients.
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