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Bullboard - Stock Discussion Forum Royal Bank of Canada T.RY.PR.M


Primary Symbol: T.RY Alternate Symbol(s):  T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF | RBMCF | RBCPF | RY | T.RY.PR.H | T.RY.PR.J

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations... see more

TSX:RY - Post Discussion

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Post by Dibah420 on May 13, 2024 9:12pm

DBRS

Royal Bank of Canada's Long-Term Issuer Rating Confirmed at DBRS
MT Newswires - May 13, 2024 10:59 AM EDT

10:59 AM EDT, 05/13/2024 (MT Newswires) -- Morningstar DBRS on Friday confirmed its credit ratings on Royal Bank of Canada (RY.TO) and its related entities, including the bank's long-term issuer rating of "AA (high)" and short-term issuer rating of "R-1 (high)."

The trends on all credit ratings are stable.

The bank's long-term issuer rating includes an intrinsic assessment of "AA" and a support assessment of "SA2," which reflect the expectation of timely systemic support from the Government of Canada.

Price: 142.33, Change: +1.25, Percent Change: +0.89

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