Total assets of Royal Bank of Canada 2014-2021
Royal Bank of Canada (RBC) has been increasing its assets over the past few years. They stood at around 1.71 trillion Canadian dollars in 2021, up from 941 billion Canadian dollars in 2014. The bank is a key player both in the domestic banking industry as well as globally.
How big is RBC?
The assets given in this statistic make RBC the second largest bank in Canada, closely following Toronto-Dominion Bank (TD Bank). While Canada has significant financial centers such as Toronto, Montreal, and Vancouver, it is also one of the largest countries in the world. To cover this geography, RBC has a particularly high number of employees for a bank of that size.
Global perspective
Not only is RBC the largest bank in Canada, its market capitalization makes it one of the largest banks in the world. Its private banking operations are a large driver of its value, with assets under management making it one of the leading private banks as well. These make RBC a major global player whose reach extends well beyond the Canadian border.
How big is RBC?
The assets given in this statistic make RBC the second largest bank in Canada, closely following Toronto-Dominion Bank (TD Bank). While Canada has significant financial centers such as Toronto, Montreal, and Vancouver, it is also one of the largest countries in the world. To cover this geography, RBC has a particularly high number of employees for a bank of that size.
Global perspective
Not only is RBC the largest bank in Canada, its market capitalization makes it one of the largest banks in the world. Its private banking operations are a large driver of its value, with assets under management making it one of the leading private banks as well. These make RBC a major global player whose reach extends well beyond the Canadian border.
