The 10 largest mortgage lenders in the world by market capitalization
In addition to personal and business banking services, RBC offers various types of insurance and mortgages. In fact, RBC mortgages account for 27% of Canada’s $ 992 billion mortgage and housing market, making it the largest mortgage lender in the country, according to finance company WOWA.
The bank currently has 1,209 branches serving approximately 10 million bank account holders and borrowers. It also has 41 branches and more than 3,000 employees in the Caribbean.
In the United States, RBC operates through its retail banking branch known as RBC Bank (Georgia), NA. This federally chartered bank is headquartered in Raleigh, North Carolina, and focuses on cross-border banking services for expatriates and Canadian tourists.
3. BNP Paribas
- Market capitalization: $ 79.5 billion
- Headquarters: Paris, France
- Number of employees: 198,800
This French bank is the result of the merger of the Banque Nationale de Paris (BNP) and the Banque de Paris et des Pays-Bas (Paribas) in 2000. It is the leading banking group in Europe and the seventh largest bank in the world in terms of of total assets.
Retail banking is the largest division of BNP Paribas, which accounts for around 70% of its revenue, but it also offers a wide range of products and services such as corporate banking, credit cards, management of heritage and home loans.