The Royal Bank of Canada has opened its newest branch office, a $1.1 million investment in Abaco. The Vice President and Country Head of RBC points out that the branch opening represents another historic event in the long partnership between Royal Bank of Canada and The Bahamas. *”This year makes a century since we began serving clients in The Bahamas,”* says Nathaniel Beneby. In terms of the particular investment in Abaco, he adds*”We opened our first office in Abaco exactly 20 years ago, so it is fitting that today we are relocating our main Abaco branch to a new and grander facility. We are proud to have become a fixture in this community and to continue serving clients in this vital community.”*
The Head of Caribbean Banking for RBC Royal Bank of Canada, Ross McDonald notes, *”RBC’s recent acquisition of RBTT makes RBC Royal Bank of Canada one of the largest financial institutions in the Caribbean. But more than size, our goal is to be number one in client service and satisfaction. As part of this community, we will continue invest in and give back to Abaco and the people who live and work here.”*
RBC has a retail network of 24 branches throughout New Providence and the Family Islands, a Commercial Banking Business Centre, and 38 automated banking machines.