RBC in the Caribbean - News

RBC’s Chief Economist shares insights with Bahamian Clients

(November 2025)

NASSAU, November 14, 2025 – RBC Royal Bank (Bahamas) Limited recently hosted an Economic Forum featuring Frances Donald, Senior Vice President and Chief Economist at RBC. Donald, a key expert on economic issues, shared her insights on the global and regional forces shaping today’s economy.

The event brought together valued clients, community partners and senior government officials, offering them direct access to expert thought leadership on key economic issues shaping the world.

During a discussion with Chris Duggan, RBC’s CEO of Caribbean Banking, Donald discussed timely topics including inflation and tariffs, the next economy, the global tourism outlook, and the k-shaped economy.

Among those in attendance were the Hon. Philip Davis, Prime Minister of The Bahamas; Hon. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Aviation and Investments, and Senator Hon. Michael Halkitis, Minister of Economic Affairs.

RBC partners with the Barracuda Artistic Swimming Club to support local talent

(October 2025)

ORANJESTAD, October 28, 2025 – RBC Royal Bank (Aruba) N.V. (“RBC”) is proud to announce its sponsorship of the Barracuda Artistic Swimming Club of Aruba as the team prepares to represent the island at the 2026 Central American and Caribbean Games (CAC).

Pierre Rafini, Vice President, Commercial Banking, Dutch Caribbean and Country Manager, Aruba shared his excitement about the partnership.

“I am truly honored to announce our sponsorship of the Barracuda Artistic Swimming Club,” Rafini said.

“As a father of an artistic swimmer, I am no stranger to the amazing world of artistic swimming. I have witnessed the dedication of these young athletes firsthand, including training six days a week, demonstrating commitment, perseverance, and an unwavering passion for the sport,” he added.

10 years, 6 million dollars, RBC’s Race for the Kids helps children in the fight against cancer

(September 2025)

PORT OF SPAIN, September 17, 2025 — RBC Royal Bank hosted the 10th edition of its Race for the Kids (RFTK) on September 14, with more than 5,300 registrants and hundreds of supporters stepping forward to make a difference in the fight against childhood cancer. The Race is RBC Royal Bank’s major fundraising for its RBC Children’s Cancer Fund, which assists young people diagnosed with cancer across the region. Over the past decade, the fund has received an additional TTD6.4 million from the staging of the Race.

The Bank hosted two races on Sunday—a 15K, which started at 5:50 a.m. followed 40 minutes later by a 5K race and offered medals for everyone and prizes for top finishers. Avid runners, fun walkers, wheelchair athletes, families, even babies in strollers were seen making their way around the Queen’s Park Savannah heading to a finish line at Queen’s Royal College.

RBC names Phillisia Armbrister as new Area Vice President and Country Manager for Turks & Caicos

(August 2025)

PROVIDENCIALES, August 20, 2025 – RBC Royal Bank (Bahamas) Limited (“RBC”) announced today the appointment of Phillisia Armbrister as Area Vice President (AVP), Personal and Commercial Banking and Country Manager for the Turks & Caicos Islands, effective August 13, 2025.

As Country Manager and AVP for Turks & Caicos, Ms. Armbrister will take on overall responsibility for RBC’s operations, strategic growth, and business development in market. She will focus on deepening relationships with the Government, regulatory bodies, and the local community, while aiming to provide an exceptional client experience.

Ms. Armbrister brings 25 years of experience with RBC, and has held progressively senior roles in personal banking, with a strong track record of delivering business results and leading high performing teams.

In her most recent role as AVP, Personal Banking, Ms. Armbrister provided strategic direction and oversight for branch leadership across The Bahamas. She successfully coached and developed the teams to enhance client satisfaction, meet sales targets, and drive overall growth and productivity within the branch network.

RBC Bahamas Takes Lead as Presenting Sponsor of Paradise Plates 2025 Bank Donates $50,000 to Combat Hunger

(August 2025)

NASSAU, August 14, 2025 – RBC Royal Bank (Bahamas) Limited announced today its role as presenting sponsor of the 2025 edition of Paradise Plates, the premier fundraising event for Hands for Hunger. As part of its commitment, RBC has contributed $50,000 to support the organization’s ongoing efforts to tackle food insecurity in The Bahamas.

A cheque presentation took place on Wednesday at RBC’s East Hill Street Head Office.

Paradise Plates, a signature culinary experience, brings together top chefs, restaurants, and beverage providers in a night dedicated to raising funds of hunger relief. This year’s event is set to take place on Saturday, September 27, and is expected to attract hundreds of supporters.

Hands for Hunger plays a critical role in food security in The Bahamas. In 2024 alone, the organization rescued and redistributed over 750,000 pounds of food, providing more than 600,000 meals to individuals and families in need. Its network of community partners reaches over 50 agencies, including shelters, soup kitchens, and youth and senior programs across New Providence.

RBC and FTA sign new CLA

(August 2025)

ORANJESTAD, August 12, 2025 – RBC Royal Bank (Aruba) N.V. is pleased to announce the successful negotiation and singing of a new collective agreement with the Union Federacion di Trahadornan di Aruba (F.T.A.).

The new agreement was signed on August 8, 2025, and reflects a shared commitment to the wellbeing of the employees. It introduces meaningful enhancements to insurance coverage and professional development opportunities.

“This agreement reflects our shared values and a commitment to supporting the team. We are pleased to have reached a fair and forward-looking deal,” said Pierre Rafini, Country Manager for Aruba.

Redemption Sound Setters vacation pan camp culminates in Youth Graduation showcase

(August 2025)

PORT OF SPAIN, August 3, 2025 – Seventy-five young musicians from across Tobago marked the culmination of weeks of hard work and musical discovery at the graduation ceremony of the Redemption Sound Setters 2025 Vacation Pan Camp, held on Friday.

Fostering a love for the national instrument, deepening appreciation among youth, and laying a solid foundation for the future of pan are key objectives of the Redemption Sound Setters Vacation Pan camp, now in its third year.

The three-week camp, which began on July 14, offered young participants valuable instruction in both theory and practice, along with insight into career and industry opportunities related to the instrument.

The Tobago participants, ranging in age from eight to eighteen years, were tutored by Shaquille Broomes and Dachelle Morrisson, both musical professionals with a deep passion for and expertise in steel pan.

RBC boosts youth development with renewed sponsorship of St. Maarten Little League

(July 2025)

PHILIPSBURG, July 21, 2025 – RBC Royal Bank N.V. announced today its renewed investment in community, through its continued sponsorship of the St. Maarten Little League for this year’s season. This commitment underscores RBC’s ongoing dedication to initiatives that empower youth and foster talent on the island.

“We are thrilled to mark our 23rd year supporting this event, which stands as a vibrant testament to youthful spirit and sporting excellence here in St. Maarten,” explained, Lisandra Havertong, Assistant Branch Manager, RBC.

This year, approximately 550 boys and girls, aged 4 to 18, including those from the French side of the island, are anticipated to participate in the softball and baseball program.

Havertong stated that the growth in participation is a testament to Little League’s success.

WISE insights for a brighter investment future

(July 2025)

PORT OF SPAIN, July 14, 2025 – It was an intimate and informative affair, hosted by West Indies Stock Brokers (WISE), Director, Adrian Manmohan, in the breakfast hours of last Tuesday, at Queen’s Park Cricket Oval, RBC box.

Manmohan, alongside his team of professionals, welcomed an exclusive group of interested clients to hear about recent market news and investment innovations from special guest, Eva Mitchell, Chief Executive Officer of The Trinidad and Tobago Stock Exchange (TTSE).

“We set up today’s information session to give clients, a first-hand opportunity to learn about what’s happening in the markets especially our local market and what advancements we can look forward to,” said Manmohan who has over 25-years of experience and investment knowledge and is responsible for WISE’s overall operations.

“During these unprecedented times of change, both in terms of geo-political uncertainty and technology advances, a steady and disciplined approach is needed. Our team helps you stay the course and to course correct when necessary to best navigate these uncertain times,” he added.

RBC reaffirms commitment to youth cricket with BDS40,000 donation to Empire Youth Cricket Program

(June 2025)

BRIDGETOWN, June 24, 2025 – In a demonstration of its unwavering support for community development and youth empowerment, RBC has announced the donation of BDS 40,000 to the Empire Youth Cricket Program, a youth arm of the renowned Empire Sports Club. A symbolic cheque handover was done on June 15, during the club’s Father’s Day event. The donation is a collaboration between RBC Capital Markets and RBC Royal Bank.

With a rich history spanning over 100 years, Empire has been instrumental in shaping generations of cricketers, producing some of the top players in Barbados and the West Indies. The club’s youth program continues to be a critical platform for nurturing talent, fostering discipline, and instilling values of teamwork and perseverance among aspiring young athletes.

Speaking at the event, RBC Royal Bank’s Managing Director, Shimon McIntosh emphasised the importance of investing in young people and strengthening communities. “At RBC, we believe that sports is a powerful force for positive change. By supporting Empire’s youth cricket, we are investing in future champions and ensuring that young cricketers have access to the resources and opportunities they need to excel,” McIntosh said.

Part of the funding will go towards constructing a batting cage and turf pitch for bowling practice for the younger members of the Club. The initiative aligns with the Bank’s ongoing mission to uplift communities and empower youth through meaningful partnerships.

RBC celebrates valued client relationships

(June 2025)

BRIDGETOWN, June 19, 2025 — RBC Royal Bank recently hosted a client appreciation event to celebrate the valued relationships it has built over the years. Held at the Apes Hill Golf Club in St James, clients and industry leaders had an opportunity to network and meet with regional and local RBC leaders.

During the event, Managing Director Shimon McIntosh delivered remarks highlighting the Bank’s commitment to financial excellence and community engagement. Citing some successes, McIntosh spoke about the Bank’s involvement in implementing real time payments, the addition of biometrics to its online banking mobile app to enhance security and convenience for clients, as well as VISA alerts for both credit and debit cards.

Also speaking at the event was Chris Duggan, Senior Vice President and Head Caribbean Banking and CEO RBC Financial, who spoke on the importance of fostering strong partnerships for long-term success. Duggan, who is based in Nassau, The Bahamas, joined the bank last year with responsibilities for carrying out the Bank’s strategic direction and manage the overall business strategy and vision across the Caribbean region. He has a career spanning more than two decades in the financial industry across both the United States and the Caribbean.

Bahamian athletes to make waves through RBC’s sponsorship of National Swimming Championships

(June 2025)

NASSAU, June 13, 2025 — RBC Royal Bank (Bahamas) Limited announced today its platinum sponsorship of the 53rd Bahamas National Swimming Championships, with a commitment of $20,000. The championships are set to take place from June 19-22 and are recognized as the premier national swimming event, playing a crucial role in selecting athletes for international competitions.

RBC continues to uphold its decades long relationship with The Bahamas Aquatics Federation by supporting initiatives that empower youth and foster talent. This commitment aligns with the bank’s dedication to supporting programs that allow youth to reach their full potential.

“At RBC, we believe in the power of sports to inspire and transform lives,” said RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and Turks & Caicos, Ericka Rolle.

“By supporting The Bahamas National Swimming Championships, we are investing in the future of our young people and the sporting community. We are proud to support an event that not only celebrates athletic excellence but also fosters community spirit and national pride. Our commitment to The Bahamas goes beyond banking, its about empowering our future generations.”

RBC’s Young Leaders Program rewards sustainable solutions

(June 2025)

CAYMAN, June 3, 2025 — Clifton Hunter High School’s, “Plastic-to-Purpose” proposal took top honours in the inaugural RBC Young Leaders 2025 program.

Their innovative pitch to transform garbage destined plastic bottles into polo-shirts earned the school the top prize of KYD 15,000 to bring their project to life.

Second place went to St. Ignatius Catholic School with their “Cayman Kind Future” proposal that focused on growing plants and composting canteen food waste, which won KYD 10,000. Rounding out the top three was John Gray High School’s, “The Future is Bright - Biodiversity and Green Spaces,” proposal, which took home the third-place prize of KYD 5,000.

Young Leaders is RBC’s flagship youth development program that demonstrates the Bank’s commitment to investing in the next generation of leaders for a stronger Caribbean. The regional initiative, which originated in Trinidad and Tobago, was held for the first time this year in the Cayman Islands as well as The Bahamas.

Young Leaders lead the way for a Sustainable Future

(May 2025)

PORT OF SPAIN, May 29, 2025 — St. Stephen’s College, Princes Town clinched top honours at this year’s RBC Young Leaders Programme with their plan titled “SUSTAIN – St. Stephen’s United for Skills, Training And Innovation.”

The winning initiative centres on educational empowerment and skills development, offering free remedial English and Mathematics classes, vocational and financial literacy training to the diverse socio-economic community surrounding the school.

With the theme “Sustainable Future”, students were encouraged to design projects to implement initiatives addressing environmental conservation, waste reduction or community resilience. Participants pitched their innovative ideas to a panel of judges for the chance to win $100,000 to bring their projects to life.

Last year’s champion, Manzanilla Secondary, returned to the winners’ circle, this time securing second place and $50,000 for its plan to create a new Eden at its school. The project aims to address educational inequality among students by introducing a Digital Learning Hub with laptops and expanded Wi-Fi capabilities, ensuring all students have access to essential digital resources, similar to those available in many other schools.

St. John’s College triumphs in RBC’s Young Leaders Program

(May 2025)

NASSAU, May 28, 2025 — St. John’s College underground water purification system emerged victorious in the inaugural RBC Young Leaders 2025 program. Their compelling pitch earned the school the top prize of $15,000 to bring their project to life.

The winning project addressed the need for clean, purified water, serving both the school and wider community, all while maintaining an eco-friendly approach. Recognizing water as a fundamental necessity, the six-member St. John’s College team aspires to enhance access to this vital resource for all who need it through their sustainable design.

Temple Christian School’s self-sustaining greenhouse equipped with a drip irrigation sprinkler system captured second place securing $10,000, while C.I. Gibson Senior High School took third place, with a prize of $5,000, for their composting technology aerated static pile (ASP) system.

Young Leaders is RBC’s flagship youth development program that demonstrates the Bank’s commitment to investing in the next generation of leaders for a stronger Caribbean. This is the first time the regional initiative is being held in The Bahamas.

RBC marks tenth year of its Race for the Kids

(May 2025)

PORT OF SPAIN, May 13, 2025 — This year marks the 10th anniversary of the RBC Race for the Kids (RFTK), an annual event that offers 5K and 15K races dedicated to supporting the RBC Caribbean Children’s Cancer fund.

Each year, RFTK brings together thousands of runners, walkers and community supporters to raise critical funds to provide testing and healthcare for children affected by cancer. Over the past decade, the event has grown to a powerful movement, proving that every step taken is a step toward a brighter future.

Since the Fund’s inception in 2008, 370 children have been assisted with treatment mainly in pathology, which includes blood work, MRIs, pulmonary testing and bone scans. According to the medical team that has supported most of the pediatric cases, the funds provided help facilitate life-saving diagnostic tests, which ultimately helps with precise diagnoses leading to optimum care and overall better survival.

This year’s milestone Race will take place on Sunday, September 14, 2025, with the starting point moved back to the RBC head office on St Clair Avenue. Registration for the public will open on May 19, with a limited early bird special. To mark the tenth anniversary, the Bank said there would be a new t-shirt design and a special commemorative medal.

RBC Race for the Kids raises over $30k to benefit Cayman youth

(May 2025)

GRAND CAYMAN, May 5, 2025 — RBC Royal Bank (Cayman) raised over KYD $30,000 to benefit One2One – a non-profit organization dedicated to providing children, youth, and young adults with positive, sustainable mentoring relationships.

Over 700 individuals of all ages, including adults and children, participated in the annual RBC Race for the Kids (RFTK) event on Sunday. The participants enjoyed perfect weather as they ran, jogged, walked or strolled the 5K course, winding through the scenic Camana Bay area in Cayman.

RBC’s Area Vice President, Personal & Private Banking and Country Head, Cayman Islands, Khadene Lobban, was thrilled by the community’s enthusiasm and the remarkable turnout.

“It’s moments like these that make me especially proud to represent RBC,” she expressed.

RBC Reaffirms Commitment to Turks & Caicos

(April 2025)

PROVIDENCIALES, April 30, 2025 — RBC Royal Bank’s Head of Caribbean Banking reaffirmed the Bank’s ongoing commitment to the Turks and Caicos Islands (TCI) and its economic future.

During a special client event, held at the Beaches Resort on April 24, Chris Duggan stated before a cross section of guests, including government and banking officials, business leaders and valued clients, “We’ve identified Turks & Caicos as one of the growth markets at RBC.”

“We see huge amounts of potential in Turks & Caicos, and we are committed to continuing to grow our presence here,” he added.

In line with its commitment, RBC announced it will be installing its first Smart ATM in TCI in the near future. The state-of-the-art banking solution will enhance efficiency while demonstrating the bank’s dedication to continuous improvement and exceptional service.

RBC Caribbean Unveils New Brand Campaign: ‘Your Ideas Happen Here’

(April 2025)

PORT OF SPAIN, April 4, 2025 — RBC Caribbean announced today its new brand campaign, ‘Your Ideas Happen Here.’

This exciting transformation underscores RBC Caribbean’s commitment to empowering clients to achieve their financial dreams, both big and small, especially as most individuals do not actively think about financial products and services in their daily lives.

In today’s ever-changing environment, the need for personalized financial support becomes increasingly vital. RBC Caribbean understands that clients have diverse needs and aspirations that extend beyond day-to-day banking services.

The evolution to the new brand strategy ‘Your Ideas Happen Here’ builds on the ‘A Bank for All of You’ ethos, acknowledging the multifaceted lives and journeys of clients. By understanding each individual’s unique path, RBC is better positioned to help them turn their ideas into reality.

RBC Royal Bank launches RBC Race for the Kids 2025 – Cayman Islands

(March 2025)

GRAND CAYMAN, March 20, 2025 — RBC Royal Bank has officially launched its annual Cayman edition of RBC Race for the Kids - a 5K charity run/walk event that will take place on Sunday, April 27, 2025.

Registration for the event is open and the Bank is inviting individuals, teams, families, and sporting groups to participate in the Race, which supports youth and children’s causes.

“This year, I am pleased to share that Cayman’s RBC Race for the Kids event will benefit One2One, formerly known as Big Brothers and Sisters – a non-profit organization that aims to provide children, youth, and young adults with positive, sustainable mentoring relationships,” said Khadene Lobban, Area Vice President, Personal & Private Banking and Country Head for RBC Royal Bank, Cayman Islands.

“By partnering with organizations that create healthy environments for youth, we demonstrate our commitment to unlock potential, promise and purpose within the communities we serve. We know how formative life’s early experiences are, which is why we believe empowering youth to reach their full potential is a great investment,” added Lobban.

RBC Caribbean Unveils Solar Carport Initiative

(March 2025)

NASSAU, March 7, 2025 — RBC Caribbean announced today the successful completion of its first-ever solar carport at the East Hill Street Corporate Office in The Bahamas. This landmark project signifies RBC’s commitment to sustainability, renewable energy and net-zero leadership.

The transformation of an open parking area into this cutting-edge solar carport was completed in six months. Designed to generate solar energy while providing essential shade for vehicles, the carport harnesses the abundant Bahamian sunshine, contributing to the energy needs of the Head Office in The Bahamas.

This initiative exemplifies RBC’s commitment to creating a positive impact within the local community by partnering with Bahamian owned Compass Solar Systems Limited, which provided engineering, procurement, and construction services for the project.

“This solar carport reflects our unwavering commitment to environmental stewardship,” said Chris Duggan, RBC’s Head, Caribbean Banking. “This initiative reinforces RBC’s dedication to advancing net-zero leadership in our operations while reducing the environmental impact of our activities. We look forward to exploring more green initiatives that support our vision of a sustainable future across the Caribbean.”

RBC Launches Award-Winning Young Leaders Program in the Cayman Islands

(March 2025)

GEORGE TOWN, February 21, 2025 — RBC Royal Bank officially launched the award-winning RBC Young Leaders program in the Cayman Islands during a launch event held recently.

The event was held at the Indigo Hotel, Grand Cayman, with Her Excellency, the Governor, Jane Owen and several government officials in attendance, along with Chris Duggan, Senior Vice President and Head, RBC Caribbean Banking and Khadene Lobban, Area Vice President, Personal & Private Banking and Country Head, RBC Cayman Islands.

“The Young Leaders program is RBC’s flagship youth development program, that demonstrates the Bank’s commitment to investing in the next generation of leaders for a stronger Caribbean,” explained Chris Duggan. He went on to say, “This program is part of RBC’s vision to invest in our youth to give them the tools to help them realize their potential and I am extremely proud to be part of the inaugural launch of this program in my home country, the Cayman Islands.”

Introduced in Trinidad & Tobago more than 40 years ago, this initiative began as an essay writing competition aimed at increasing awareness about saving. The program has evolved over the years and is now an educational service-learning program designed to empower students to become change makers in their communities.

RBC Launches Award-Winning Young Leaders Program in The Bahamas

(February 2025)

NASSAU, February 7, 2025 — RBC Royal Bank officially launched the award-winning RBC Young Leaders program in The Bahamas during a launch event at the National Training Agency on Wednesday.

The Young Leaders program is RBC’s flagship youth development program, that demonstrates the Bank’s commitment to investing in the next generation of leaders for a stronger Caribbean.

Originally started in Trinidad & Tobago more than 40 years ago, this initiative began as an essay writing competition aimed at increasing awareness about saving. The program has evolved over the years and is now an educational service-learning program designed to empower students to become change makers in their communities.

The recognition comes as a testament to the Bank’s dedication to innovation, client satisfaction and its strong performance in serving the needs of high-net-worth individuals and families in Trinidad.

RBC Announces Updates to Branch Operating Hours - Trinidad & Tobago

(January 2025)

PORT OF SPAIN, January 31, 2025 — RBC Royal Bank (Trinidad & Tobago) Limited (‘RBC’) announced today adjustments to its branch hours of operation. This change aligns with client and consumer changing needs and preferences, ensuring a consistent client experience while enhancing the workplace for its employees.

Effective Monday, March 3, 2025, the new hours of operation for all RBC branches in Trinidad & Tobago will be adjusted to the following.

RBC Announces Updates to Branch Operating Hours - Cayman Islands

(January 2025)

GEORGETOWN, January 31, 2025 — RBC Royal Bank (Cayman) Limited (‘RBC’) announced today adjustments to its branch hours of operation. This change aligns with client and consumer changing needs and preferences, ensuring a consistent client experience while enhancing the workplace for its employees.

Effective Monday, March 3, 2025, the new hours of operation for all RBC branches in the Cayman Islands will be adjusted to the following.

RBC Announces Updates to Branch Operating Hours - Barbados

(January 2025)

BRIDGETOWN, January 31, 2025 — RBC Royal Bank (Barbados) Limited (‘RBC’) announced today adjustments to its branch hours of operation. This change aligns with client and consumer changing needs and preferences, ensuring a consistent client experience while enhancing the workplace for its employees.

Effective Monday, March 3, 2025, the new hours of operation for all RBC branches in Barbados will be adjusted to the following.

RBC Announces Updates to Branch Operating Hours - Bahamas

(January 2025)

NASSAU, January 31, 2025 — RBC Royal Bank (Bahamas) Limited (‘RBC’) announced today adjustments to its branch hours of operation. This change aligns with client and consumer changing needs and preferences, ensuring a consistent client experience while enhancing the workplace for its employees.

Effective Monday, March 3, 2025, the new hours of operation for all RBC branches in The Bahamas will be adjusted to the following.

RBC Partners with Esimaje Foundation to Empower Young Men

(December 2024)

PORT OF SPAIN, December 5, 2024 — RBC Royal Bank announced today its sponsorship of $500,000 TTD to the Esimaje Foundation, aimed at uplifting young men in vulnerable communities in Trinidad through the “You Can Do It Too” mentorship program.

This partnership is being driven by RBC Caribbean’s male employee resource group (ERG), MoMENtum, which seeks to develop male role models dedicated to promoting positive change in the community.

The Esimaje Foundation’s mentorship program is designed to provide guidance, support and opportunities for young men, facing challenges in their communities. RBC’s contribution will enhance the program and expand its reach.

RBC Sponsors Saxons Superstars Junkanoo Group for a Third Consecutive Year

(December 2024)

NASSAU, December 4, 2024 — RBC Royal Bank (Bahamas) Limited announced today its sponsorship of the Saxons Superstars Junkanoo group for the third consecutive year, with a contribution of $15,000 BSD.

This partnership reinforces RBC’s commitment to promoting cultural tradition and community engagement through the arts, as the Saxons prepare to defend their titles in this year’s Boxing Day and New Year’s Day parades.

“We are excited to continue our partnership with the Saxons Superstars once again,” said Ericka Rolle, Managing Director, RBC Royal Bank (Bahamas) Limited.

RBC Named Best Private Bank in Trinidad by Global Finance

(November 2024)

RBC Royal Bank (RBC) announced today that it has been recognized as the Best Private Bank in Trinidad & Tobago by Global Finance, a leading financial publication.

This prestigious award highlights RBC’s commitment to providing exceptional financial services and personalized wealth management solutions to its clients.

The recognition comes as a testament to the Bank’s dedication to innovation, client satisfaction and its strong performance in serving the needs of high-net-worth individuals and families in Trinidad.

RBC Launches Holiday Home & Auto Expo

(November 2024)

RBC Royal Bank (Bahamas) Limited announced today the return of its Holiday Home and Auto Expo, a festive event designed to celebrate the start of the holiday season. The Expo will feature a no-fee loan, discounted RBC financing rates for clients, and unbeatable prices on the latest car models and homes. On-the-spot financing and insurance options will also be available.

Designed to create an engaging and family-oriented atmosphere, the Expo will provide a one-stop shopping experience for all home and auto needs. RBC has partnered with various reputable companies within the home and auto industries to bring this event to life.

RBC Royal Bank’s 9th edition of Race for the Kids raises $1M in the fight against children's cancer

(October 2024)

The RBC Caribbean Children’s Cancer Fund will receive an additional one-million-dollar boost as a result of the 2024 RBC Race for the Kids. The ninth edition of the race, which had new start and end points as well as a new route, saw 5,300 people registered across three categories – a 15K, and two 5K races, one time and one untimed – coming together to vie for prizes and medals and as advocates for the fight against childhood cancer.

“This day is all about helping children in the fight against cancer,” emphasised Marc Jardine, Managing Director RBC Royal Bank, Trinidad and Tobago. “Hosting this event brings out a remarkable spirit of care, support, and advocacy, uniting many in the fight against childhood cancer,” he said.

Presentation College’s refurbished Tennis Courts reopened after $20,000 donation from the RBC Education Foundation

(October 2024)

The tennis courts at Presentation College, San Fernando, have been reopened after undergoing a complete refurbishment following support from the RBC Education Foundation.

The project was made possible through a generous $20,000 donation from RBC as part of its continued commitment to helping clients thrive and communities prosper.

“Our commitment to this goal is rooted deeply in our dedication to investing in youth and their potential,” said Simone Edwards, Vice President, Personal Banking and Head of the RBC Education Foundation.

“We believe that by investing in skills development, we can empower the next generation to excel, to lead, and to create positive change in their communities and beyond. We want to empower our youth to help build a stronger Caribbean,” she added.

Manzanilla’s Vertical Solar Greenhouse wins top award in RBC’s Young Leaders Program

(September 2024)

Manzanilla Secondary School has emerged victorious in the prestigious RBC Young Leaders 2024 competition. The six-member team, known as the Agri-preneurs, captivated the judges with their innovative project proposal inspired by a comment from Prime Minister Keith Rowley about the importance of school-based gardens as vital for building food security.

The Agri-preneurs proposed the construction of a vertical solar greenhouse using eco-friendly materials and a rainwater harvesting system to reduce energy consumption. Their compelling pitch, which included a model of the proposed garden, to a panel of judges from RBC and the Inter-American Development Bank earned them the top prize of $100,000 to bring their project to life. The theme for this year’s competition was “Conserve, Produce, Enhance”.

RBC appoints new Managing Director for Trinidad & Tobago

(September 2024)

RBC has announced the appointment of Marc Jardine to the position of Managing Director, RBC Royal Bank (Trinidad & Tobago) Limited. The news was shared by Chris Duggan, Head Caribbean Banking and follows the announcement of current Managing Director, Richard Downie’s retirement later this year.

Jardine, currently RBC's Vice President (VP), Business Banking, Trinidad & Tobago, took on the additional duty of Managing Director effective September 2, 2024. He is currently a Director of RBC Royal Bank (Trinidad & Tobago) Limited and sits on the Board for RBC Merchant Bank (Caribbean) Limited. As Managing Director, he will lead and oversee the overall operations and business strategy for RBC Trinidad & Tobago.

Registration opens for the 9th edition of RBC’s Race for the Kids

(September 2024)

Registration is now open for the 9th edition of RBC’s Race for the Kids, the signature event supporting the RBC Caribbean Children’s Cancer Fund. Scheduled for Sunday, October 20, in Trinidad & Tobago, this event aims to bring the community together for a noble cause.

With new routes and start and end points, the RBC team has also diversified its categories to allow for timed segments for the 5K and 15K races as well as an untimed category in the 5K for “fun” walkers. This first race will start at 5:45 a.m.

“Helping communities prosper where the Bank serves is at the heart of RBC’s Purpose,” said Marc Jardine, Managing Director, RBC Royal Bank, Trinidad & Tobago. “This event is a testament to the incredible support and solidarity within our community. Every participant helps us get closer to providing essential care for children battling cancer in the Caribbean.”

RBC sponsors Redemption Sound Setters Steel Orchestra Pan Camp

(August 2024)

In the heart of National Steelpan month, it is encouraging to share stories of our pan tradition being passed on to the younger generation. In July, the Tobago based RBC Redemption Sound Setters Steel Orchestra hosted a pan camp for 41 youngsters comprising children from Tobago and the United States between the ages of five and 16.

The Vacation Pan Camp 2024 was designed for novices. Under the keen tutelage of Shaquille Broomes and Dachelle Morrison, the students were exposed to both the theory and practical elements of the steelpan, including acquiring knowledge of scales and chords at the introductory level. The vacation camp provided an opportunity to profile careers in the steelpan industry and demonstrate productive use of leisure time.

RBC donates $175,000 to Hurricane Beryl relief efforts

(July 2024)

In the wake of Hurricane Beryl, RBC Royal Bank (RY on TSX and NYSE) (“RBC”) and RBC Foundation USA announced a donation of C$175,000 to the Canadian Red Cross and the American Red Cross in support of Caribbean and U.S. relief efforts. The devastating hurricane impacted several Caribbean and U.S. communities where RBC operates, including Barbados, the Cayman Islands, and Tobago.

RBC’s contribution will support emergency relief efforts, including shelters, hygiene kits, and social assistance to those in the affected communities.

RBC relaunches Young Leaders Program

(July 2024)

RBC Royal Bank is bringing back its award-winning Young Leaders Program. Marc Jardine, Vice President Business Banking RBC Royal Bank, Trinidad and Tobago made the announcement at a relaunch event at the Hilton Trinidad and Conference Centre on July 5.

RBC Young Leaders, a program designed to create opportunities for young people to learn financial literacy and become civic-minded, has been around since 1981 but was on pause for the past four years.

“At RBC, we understand that investing in the next generation of leaders will make for a stronger Caribbean,” said Jardine. “We are confident the program creates positive opportunities for students to think of sustainable projects, apply what they learn in school, reinforce the power of teamwork, teach them finance and budgeting, and enable them to develop skills for themselves and for the benefit of the school.”

RBC recognized by CFI for Best Digital Banking Services award

(June 2024)

RBC Financial (Caribbean) Limited (“RBC”) has been awarded the coveted “Best Digital Banking Services - Caribbean 2022” by Capital Finance International (CFI). The award is an endorsement of the Bank's strength in the area of digital banking.

“We are honoured to receive this recognition from Capital Finance International,” said Chris Ronald, Head of Caribbean.

“RBC has been on a digital transformation journey. We began this pursuit when we started to make significant investments in the channels we believed would be the future of banking across the region. We are grateful to CFI for recognizing the value of our digital banking channels. This award serves as a reminder that we are committed to anticipating howour client’s banking needs and preferences continue to evolve so we can serve them today and in the future. This recognition supports our vision to be the premier digitally enabled relationship bank.”

RBC appoints new Area Vice President and Country Head for Cayman

(April 2024)

RBC Royal Bank (Cayman) Limited (“RBC”) is pleased to announce the appointment of Khadene Lobban as Area Vice President (“AVP”), Personal Banking and Country Head, RBC Cayman Islands, effective May 1, 2024. She will succeed Ericka Rolle, who has transitioned to her new role as Managing Director and Vice President, Personal Banking for The Bahamas and Turks and Caicos Islands.

In her new role as AVP and Country Head, Lobban will assume full responsibility for the Cayman market, steering it into its next phase of growth, focusing on strengthening relationships with the Government, regulatory bodies, and the community.

With a career of over two decades in the financial services industry, Lobban brings a wealth of experience and a proven track record of strong business performance and leadership to her new role. In addition to her most recent role as Branch Manager, she also held the role of Private Banker with RBC Wealth Management and prior to this, senior roles in Marketing and Change Management at other Financial Institutions across Cayman.

RBC Royal Bank appoints new Managing Director for The Bahamas and Turks & Caicos

(April 2024)

RBC Royal Bank (Bahamas) Limited has announced the appointment of Ericka Rolle as Managing Director, The Bahamas and Turks and Caicos Islands (TCI).

Rolle, who currently serves as Country Head in the Cayman Islands will return to The Bahamas to assume her new position effective May 1, 2024. In addition to being Managing Director, she has been appointed to the role of Vice President of Personal Banking.

She is replacing LaSonya Missick, who has moved on to a new role as Regional Vice President, Personal & Private Banking and RBC FINCO. In addition, she serves as a Caribbean Banking Executive Management Committee (EMC) member. Missick is the first Bahamian to be appointed to RBC Caribbean’s executive leadership team.

As Managing Director, Rolle will serve as RBC’s lead on all governance and regulatory matters.

RBC appoints new Head of Caribbean Banking

(April 2024)

RBC Financial (Caribbean) Limited, (“RBC”) has appointed Chris Duggan, a native of the Cayman Islands, as Senior Vice President and Head of RBC Caribbean Banking. He succeeds Chris Ronald, who has been leading the bank’s operations in the Caribbean for the last 2.5 years and has recently returned to Canada as Regional President, Atlantic Provinces at RBC.

Duggan, who is based in Nassau, The Bahamas, is taking on responsibilities as Head of RBC Caribbean Banking to carry out the bank’s strategic direction and manage the overall business strategy and vision across the Caribbean region. He has a career spanning more than two decades in the financial industry across both the United States and the Caribbean.

RBC Race for the Kids raises $100K for students at The UWI, Cave Hill Campus

(April 2024)

RBC Royal Bank (Barbados) Ltd raised BBD 100,000 for students at The University of the West Indies (The UWI), Cave Hill Campus, during the eighth edition of the RBC Race of the Kids on Sunday.

More than 1,600 people participated in the event with some running the 5K course, while others walked and skated along the route at their own pace.

The RBC event supports The UWI Cave Hill Campus with the funds raised going towards bursaries and the First Year Program at the University. This year, part proceeds will be used to support the development of a mental health app for the students.

Registration now open for RBC’s Race for the Kids 2024

(March 2024)

Lace up your running shoes as registration is now open for the 8th edition of RBC’s Race for The Kids in Barbados. The 5K race set for Sunday, April 14th, supports youth and children's causes in the countries where the Bank holds the Race.

The University of the West Indies (UWI), Cave Hill Campus has been RBC's charity partner for the event in Barbados since it began hosting the Race locally in 2017.

“We are inviting everyone to embark on a journey of fitness and philanthropy as every stride contributes to enriching the lives of students at The UWI,” said Shimon McIntosh, Managing Director, RBC Barbados. “Your participation translates into scholarships and resources for those who aspire to excel academically and pave a brighter future,” he added.

RBC Celebrates 60 years in Cayman with YMCA Donation

(January 2024)

RBC Royal Bank (Cayman) Ltd celebrated 60 years of serving the Cayman Islands as a trusted financial service provider and active community supporter with a $20,000 donation to the YMCA.

The announcement, which took place on January 25 at a celebration at Camana Bay, was attended by clients, leaders and members of the community.

The donation will go towards the YMCA Financial Assistance Programme’s 2024 Annual Giving Campaign, enabling Caymanian children and youth to engage in sports, character development, and resilience-building activities they might otherwise miss.

RBC hosts its 2023 Global Citizens Conference in The Bahamas

(January 2024)

In a powerful testament to human connection and dedication, RBC Royal Bank celebrated the exceptional commitment of nearly 100 colleagues from across the globe, during the RBC Global Citizens Conference, held from January 18-23, in The Bahamas.

The award, which was started in 2016, celebrates employees who are active volunteers both inside and outside of RBC, and who create positive social change through their actions. The recipients, including four from the Caribbean – Roxanna Cordner, Trinidad & Tobago; Wendy Riberio, Trinidad & Tobago; Joanaila Geerman-Lacle, Aruba; Claricia Hart-Sprott, St. Maarten - were recognized for going above and beyond to breathe life into RBC’s purpose of helping communities prosper. As part of the activities, donations were also made to two Bahamian NGOs.

Bethel community gets community garden through Habitat and RBC

(May 2023)

A hydroponic garden in the community of Bethel, Tobago represents the fruits of labour from a commitment between Habitat for Humanity TT (Habitat TT) and RBC Royal Bank (RBC). A similar garden is also underway in Chaguaramas, Trinidad. On May 15, the twenty-by-twenty-foot garden was handed over to Bethel Village Council who will now maintain, manage, and reap the profits of the community garden. The project represents a collaboration between Habitat and RBC to support sustainability and provide training to heighten awareness of disaster risk reduction practices in rural communities.

In addition to the garden, plans are to assess the Bethel community and provide disaster risk mitigation training for community members and RBC staff.

RBC Royal Bank named Caribbean's Best Private Bank for 2023

(May 2023)

Royal Bank of Canada has once again taken top honours, being named the Caribbean’s Best Private Bank by Global Finance Magazine.

In addition to receiving the regional award, RBC also captured the Best Private Bank award in The Bahamas, Barbados, and Trinidad & Tobago. Global Finance regularly selects the top performers among banks and other financial services providers.

These awards have become a trusted standard of excellence for the global financial community. “I am extremely proud of our team for being recognized for another year of exceptional commitment to our clients, communities, and one another,” said Dwight Burrows, Regional Vice President, Private Banking, Caribbean.

“These achievements directly reflect their hard work and dedication to putting our clients at the centre of everything we do. It also demonstrates the power of a collaborative, innovative, and client-focused approach to delivering differentiated solutions that go beyond traditional banking for our private banking clientele.”