RBC was named to Bloombergs list of the Worlds Strongest Bank, ranking 4th strongest in the world, up from 6th last year. We were also ranked 2nd strongest bank in North America. RBC was one of only two Canadian banks that improved their rankings this year over last.
Using data from the banks 2012 fiscal year, Bloomberg Markets magazine based the rankings on several categories including Tier 1 Capital to Risk-Weighted Assets, Nonperforming Assets to Total Assets, Loan-Loss Reserves to Nonperforming Assets, Deposits to Funding and Efficiency (Costs to Revenue).
This global ranking affirms RBC's financial strength and stability. Our disciplined growth strategy and diversified business model have allowed us to continue supporting our clients and investing for growth.