RBC announces $150,000 donation to support Hurricane Ian relief efforts

News provided by

Oct 05, 2022, 14:20 ET

TORONTO, Oct. 5, 2022 /PRNewswire/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced a donation of $150,000 USD to the American Red Cross in support of people who have been impacted by the devastation of Hurricane Ian. This donation comes from across RBC's U.S. businesses: RBC Capital Markets, RBC Wealth Management, City National Bank, and RBC Bank.

RBC has also initiated an internal donation campaign enabling our employees' ability to support the relief efforts.

In addition, RBC Bank has launched a financial relief program that will provide advice and assistance for impacted RBC Bank clients in the region. Affected clients should visit www.rbcbank.com for more information.

Those wanting to help support relief efforts are encouraged to donate to the American Red Cross by visiting redcross.org/donate, calling 1-800-RED CROSS, or texting the word IAN to 90999 to make a $10 donation.

RBC has 257 locations and 15,100+ employees across the U.S., and we are committed to supporting our clients and communities throughout the region.

About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 92,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

SOURCE RBC