ST. JOHN'S, Oct. 12, 2012 /CNW/ - RBC is expanding its operations in one of
the fastest-growing areas in St. John's with a new RBC Retail Store. The new
store, scheduled to open in July 2013, offers a fresh take on the bank branch
experience with interactive advice areas, "touch" or surface screen technology
and a more open area for customers.
Located in the Kelsey Drive Retail Center, this new retail store is the third
of its kind in Atlantic Canada and only the 38th in the country. Including the
Kelsey Drive Store, RBC has 19 locations in the province, eight being in St.
"Newfoundland and Labrador is a key market for RBC in Atlantic Canada and our
business here has grown so much that we need to expand - which is a good
problem to have," said Sean Munro, regional vice-president for Newfoundland
and Labrador, RBC. "We are thrilled to be opening our first retail store in
this province and to welcome eight new employees. We are anxious to showcase
the new retail design, the technology, the convenience of evening and Saturday
hours, and of course, our fabulous team."
RBC Retail Stores offer:
-- A casual atmosphere where clients can ask questions or gather
information on their own and get tailor-made advice
-- State-of-the-art interactive technology to help clients explore
financial questions important to them
-- Increased staff interaction to assist clients with their
-- Events and seminars for clients and members of the community
Kelsey Drive customers will have access to a full team of mobile
professionals, including small business bankers, commercial bankers, financial
planners, investment and retirement planners, and mortgage specialists.
RBC has a strong presence in Newfoundland and Labrador, with more than 120,000
clients served by its 217 employees currently working out of 18 branches, one
Business Center and an area office. RBC also continues to be committed to the
province through its community investment program. Last year, RBC gave over
$400,000 to causes and charities in Newfoundland and Labrador.
RBC has the largest branch and ATM network and the strongest geographic reach
from coast to coast with over 1,200 branches - 17 per cent more than the
closest competing financial institution - and 4,227 ATMs across the country.
The newly designed retail stores are part of RBC's commitment to evolving its
branch network into a best-in-class retail store and advice centre by
addressing clients' four key needs: service, advice, access and convenience,
and value for money.
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under
the master brand name RBC. We are Canada's largest bank as measured by assets
and market capitalization, and are among the largest banks in the world, based
on market capitalization. We are one of North America's leading diversified
financial services companies, and provide personal and commercial banking,
wealth management services, insurance, corporate and investment banking and
investor services on a global basis. We employ approximately 80,000 full- and
part-time employees who serve more than 15 million personal, business, public
sector and institutional clients through offices in Canada, the U.S. and 51
other countries. For more information, please visit rbc.com.
Lori Smith, RBC Public Affairs, Atlantic Canada,
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CO: RBC Royal Bank
-0- Oct/12/2012 09:30 GMT
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