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RBC Celebrates 60 years in Cayman with YMCA Donation

Business 07 Feb, 2024 Follow News

RBC 60th Anniversary - YMCA donation: centre right, Ericka Rolle, AVP Personal Banking and Country Head presents, on behalf of RBC, a digital cheque in the amount of $20,000 to Paola Juarez-Robinson, Director of Philanthropy and Community Engagement at the YMCA, centre left. Also pictured, f

RBC Royal Bank (Cayman) Ltd celebrated 60 years of serving the Cayman Islands as a trusted financial service provider and active community supporter with a $20,000 donation to the YMCA.

The announcement, which took place on January 25 at a celebration at Camana Bay, was attended by clients, leaders and members of the community.

The donation will go towards the YMCA Financial Assistance Programme’s 2024 Annual Giving Campaign, enabling Caymanian children and youth to engage in sports, character development, and resilience-building activities they might otherwise miss. Ericka Rolle, AVP Personal Banking and Country Head at RBC shared, “It is an honour to present this to the YMCA, who I know will put it to good use to make a real difference in the lives of Caymanian children and youth.”

Director of Philanthropy and Community Engagement at the YMCA, Paola Juarez-Robinson expressed gratitude for RBC’s generous contribution during the event, emphasizing its anticipated impact.

Rolle took the opportunity to reflect upon and share RBC’s rich and deep history in the Cayman Islands: “RBC established its first branch in Cayman on February 1, 1964, in conjunction with the beginning of Cayman’s transformation into a major international financial center. Since then, Cayman has seen substantial change, from population growth to over 80,000 inhabitants, to an evolution as an established and burgeoning financial powerhouse and elite tourist destination.”

“Like Cayman, RBC has also grown. From our first branch located at George Town Waterfront, with just a handful of employees and about 200 clients to a team of 67 employees serving over 7,000 clients including individuals, small businesses, regional and multi-national corporations, and governments. Our current suite of services spans personal and commercial banking, wealth management, investment banking, insurance as well as asset management services. Now that is something to celebrate!”

RBC is proud not only of the financial services and guidance it has provided to Caymanians over the years but also of their significant participation and contribution to communities.

Rolle explained, “In Cayman, we demonstrate this commitment through partnerships and initiatives focused on youth, education, the environment, and the community. Just a few examples include support for the National Trust, the Cayman Arts Festival’s Brass Band Program, RBC’s Primary National Spelling Bee, and many more.”

RBC’s next community building event – our RBC Race for the Kids, benefitting the Alex Panton Foundation, will be held this spring. Stay tuned for registration details to be publicized shortly.

“I know the entire RBC team is excited about this next chapter and looks forward to continuing to provide exceptional client experiences for decades to come,” concluded Rolle.

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