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It has been announced that IBOS member Royal Bank of Canada has been recognised as ‘Best Trade Finance Provider in Canada’ for the fifth consecutive year by Global Finance Magazine.

The ‘Best Trade Finance Provider in Canada’ award exemplifies RBC’s cross-platform collaboration and commitment to ensuring services, technology and global expertise that support their clients’ international trade finance requirements.

Industry analysts, corporate executives and technology experts reviewed each nominee, and winners were ultimately selected by the Global Finance editorial review board. In addition, a voter’s poll, consisting of the magazine’s subscribers and readership, was conducted in order to increase the accuracy and reliability of the results.

Neil McLaughlin, Executive Vice-President, Business Financial Services at RBC commented:

“RBC is honoured to receive this prestigious award for the fifth year in a row. We strive for excellence and to be among the world’s most trusted financial institutions, and this award is a testament to the ongoing collaborative efforts of our many dedicated employees, from our Trade Sales teams to our Relationship Managers to our Trade Processing Centre.

It’s an exciting time for the Trade Finance business and we will continue to invest to improve our product and technology capability for our many clients who require support with exporting, importing or bank guarantees within Canada and globally.”

Read the full release, via RBC’s website, here.