RBC Royal Bank is a division of Royal Bank of Canada providing retail and corporate banking products and services.
RBC Royal Bank (Bahamas) Limited is the 2nd largest bank in the Turks and Caicos Islands in terms of total assets. In 2018 its total assets were 210,03 mln USD, providing the bank with the market share of 16.54%. In 2018 the bank's annual profit was 4,60 mln USD.
There is no deposit guarantee scheme in the Turks and Caicos Islands: in the case of RBC Royal Bank (Bahamas) Limited failure its depositors will not get any compensation.
RBC Royal Bank (Bahamas) Limited is authorized and supervised by the Financial Services Commission.