Credit ratings are not recommendations to purchase, sell or hold a financial position in as much as they do not comment on market price or suitability for a particular investor. Ratings are subject to revision or withdrawal at any time by a rating agency.
|Legacy Senior Debt2||Aa2||AA–||AA (high)||AA+|
|NVCC Subordinated Debt||Baa1(hyb)||A–||A||A+|
|Subordinated Debt||Baa1||A||AA (low)||A+|
|NVCC Preferred Shares||Baa3(hyb)||BBB||Pfd-2 (high)||–|
|Preferred Shares||Baa3||BBB+||Pfd-1 (low)||–|
|Short-term Debt||P-1||A-1+||R-1 (high)||F1+|
1)Represents Moody's Counterparty Risk Rating and Deposit Rating, S&P's Issuer Credit Rating, DBRS' Long Term Deposit Rating and Fitch's Derivative Counterparty Rating and Long Term Deposit Rating
2)Includes: (a) Senior debt issued prior to September 23, 2018; and (b) Senior debt issued on or after September 23, 2018 which is excluded from the bank recapitalization "bail-in" regime
3)Subject to conversion under the Canadian bank recapitalization "bail-in" regime
2020 First Quarter Financial Information
Get financial highlights and a snapshot of recent performance in RBC at a Glance or access the detailed Investor Presentation.
Overview of Canadian Bail-In Regime
Understand the key features of the Canadian Bail-In Regime and RBC’s approach to meeting TLAC requirements.