Finance

When was Royal Bank of Canada founded?

When was Royal Bank of Canada founded?Bank Name: Royal Bank of Canada.
Type: Public.
Founded: 1864.
Headquarters: Montreal, Quebec, Canada Toronto, Ontario, Canada.
The largest bank in Canada based on market capitalization is the Royal Bank of Canada, a multinational financial services company. The institution ID for RBC is 003. RBC was included on the Financial Stability Board’s list of globally systemically important banks in November 2017. RBC placed 50th in the 2013 Forbes Global 2000 listing and was the largest Canadian company by revenue and market capitalization in 2011. In 2021, the company managed CA$1.01 trillion in assets and operated in Canada and 36 other countries.

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