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Stock impact report

Royal Bank of Canada launches Global Credit Connect with Nova Credit [Yahoo! Finance]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Yahoo! Finance
The aim is to help eligible RBC newcomer clients leverage their international credit history in Canada. Canada continues to welcome significant numbers of immigrants. And RBC is committed to being their bank of choice by creating tools and resources to improve newcomer arrival experiences. Financial products can help give some newcomers more financial breathing room while they find and furnish a place to live, secure work opportunities, and adapt to life in a new country. However, newcomers to Canada are currently treated as ‘new to credit'. So, they cannot use their home country credit history to access appropriate credit products and solutions for their unique situations. Global Credit Connect is a new RBC capability that helps solve this problem. It gives eligible clients the ability to translate their home country credit score and history into a Canadian equivalent. This can then be used in applications for RBC credit products and solutions. “Every newcomer has a unique jo Show less Read more
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