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About RBC > Corporate Profile > Awards and Recognition > RBC named Bank of the Year in Canada by The Banker magazine

RBC named Bank of the Year in Canada by The Banker magazine

TORONTO, November 28, 2014 -  Royal Bank of Canada (RY on TSX and NYSE) has been named Bank of the Year in Canada by The Banker magazine, a Financial Times publication. .

"Receiving this award is truly an honour, because it recognizes much more than simply financial performance," said Dave McKay, President and Chief Executive Officer, RBC. "So much of the credit goes to our incredible employees who go above and beyond to help our clients realize their financial goals. We are also deeply appreciative of our clients who put their trust in us, day-in and day-out, to help them succeed."

The Bank of the Year Awards reward the success and overall achievements of the world's top financial institutions. One award is given to a single bank in each country for best overall performance. In Canada, RBC was singled out for consistently delivering strong returns and for actively addressing emerging opportunities while executing on strategic initiatives.

"I'm so proud of what we've accomplished as a team. We've been able to make a difference by always starting with our clients and being innovative in our thinking and use of technology to develop solutions," added Mr. McKay. "We're excited about our growth opportunities. Our leadership in Canada is a great base for our growth in top global markets like the U.S. and U.K."

The award was announced at a gala event held in London, England. The Banker is one of the world's longest-running international banking magazines and is recognized as a leading source of information on finance and investment around the world.


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