Best Retail Bank in North America
Best Retail Banker - Dave McKay, Group Head, Canadian Banking
TORONTO, May 23, 2012 /CNW/ - RBC (RY on TSX and NYSE) has been
recognized by Retail Banker International (RBI) as the "Best Retail Bank in North America" and Dave McKay, group head, Canadian Banking received the "Retail
Banker of the Year" Award.
The annual Retail Banker International Awards are well established and
highly regarded within the industry as a mark of exceptional
performance. RBC was the only Canadian financial institution to win an
award, after being shortlisted in five categories.
"RBI recognized RBC as the Best Retail Bank in North America, based on
demonstrated high levels of sustainable profitable growth over the past
year. Furthermore, this growth was achieved amid an environment of
economic uncertainty, low GDP growth, high unemployment and downward
pressure on net interest margins across North America," said Douglas
Blakey, Editor of Retail Banker International. "We were also pleased
to award Dave McKay one of the highest individual honours for a retail
bank, based on criteria of outstanding performance and leadership."
RBC Royal Bank also ranked in the top five in the categories of "Global
Retail Bank of the Year", "Best Branch Strategy" and "Best Online
Banking Strategy", a notable achievement in a wide field with just
under 300 banks nominated for RBI awards globally.
"We are extremely pleased to see RBC Royal Bank and Dave McKay
recognized for excellence," said Gord Nixon, RBC CEO. "This is an
important achievement and demonstrates the commitment of the entire
Canadian banking team to providing clients with the very best solutions
and advice RBC has to offer."
More about the RBI Awards 2012
Image with caption: "Dave McKay, group head, Canadian Banking, RBC Royal Bank - Best Retail Banker, 2012 Retail Banker International Awards (CNW Group/RBC)". Image available at: http://photos.newswire.ca/images/download/20120523_C9571_PHOTO_EN_14006.jpg
For further information:
Kerry Gaetano, Corporate Communications, RBC Royal Bank