Royal Bank of Canada is one of Canada's largest banks. Royal Bank of Canada provides retail and corporate banking, wealth management, insurance, investor services and capital markets products and services on a global basis. Royal Bank of Canada operates as a branch of Royal Bank of Canada (Canada).
Royal Bank of Canada is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
Royal Bank of Canada participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.
Royal Bank of Canada is located in London.
|- (not rated)||A1 (upper medium grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Royal Bank of Canada is rated by Moody's.
Credit ratings assigned to Royal Bank of Canada as of May 2018 are shown in details in the following sections.
Long-term rating for Royal Bank of Canada it is set to A1 (upper medium grade). Long-term bank deposit rating is A1 (upper medium grade). Baseline credit assessment is not set. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A1|
Outlook for the ratings of Royal Bank of Canada is set to negative (may be lowered).
|Yes (up to 85 000 GBP per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.
In the case of Royal Bank of Canada failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||private individuals, small companies|
|Maximum Protected Amount||85 000 GBP|
|Paid In Currency||GBP|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of Royal Bank of Canada is shown in the table below.
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.
Royal Bank of Canada operates under the brand of the same name (Royal Bank of Canada) which has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under Royal Bank of Canada brand name has been recently closed down: