RBC Personal & Commercial Banking - DeGroote Business Case Challenge

Closed
RBC
RBC
Toronto, Ontario, Canada
Employer
(28)
3
Project
Academic experience
40 hours of work total
Student
Canada
Intermediate level

Project scope

Categories
Accounting
Skills
financial advising commercial banking business case banking services mortgage loans investments
Details

RBC is continuing to seek the balance between in-person banking and digital/virtual solutions to deliver banking services.

There are over 1000 physical branch locations, dozens of RBC Insurance locations and seven hubs in Canada called Advice Centre’s where telephone inquiries are answered and addressed.

We also have our RBC Online Internet Banking and a new digital service called “myAdvisor”.

Our goal at RBC is to empower more of our clients to utilize these digital/virtual services for everyday banking which will allow us to deliver more strategic and in-depth consultation at our branches for more complex needs (mortgages, investing, financial advice). How might we encourage more Canadians to increase their utilization of our digital/virtual platforms for everyday banking services? How would this assist our branches in delivering more complex and consultative banking at our branches? Additionally, what impact will/could this have on our desire to remain a relationship based bank?

Additional question:

Since traffic is down in our physical branches due to increase use of technology and COVID regulations. How do advisors continue to keep in contact with existing clients and source new relationship to grow the business in these times?

  • Check out the Resources tab > Files section for the Rules of Engagement PDF and other important resources.
  • Final Submission: The final project submission must be submitted by Tuesday, January 26 at 3 p.m. (EST). Ignore the 'Project End' milestone.

Explore the different job types at RBC to find where you can make an impact: RBC Personas

Deliverables
No deliverables exist for this project.

About the company

Company
Toronto, Ontario, Canada
1000+ employees
Insurance, Technology, Banking & finance

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 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper.