What were RBC’s ultimate goals in opening a representative office in Thailand?

Case study with 10 questions (due today at midnight) 12 hours*** | fin4643 | Florida International University, Modesto A. Maidique Campus

RBC’s ultimate goals in opening a representative office in Thailand were to expand their presence in the region, build relationships with local corporate customers and financial institutions, and benefit from the growing economic opportunities in the country. The bank aimed to deepen its knowledge of Thai markets while providing increased access to global capital that would enable clients’ growth strategies. RBC’s new office was established to enable cross-border transaction between Canada and Asia Pacific as well as other parts of world. It would also help the bank remain competitive in the international banking sector.

The Bangkok team is expected to provide tailored solutions for clients operating across a variety of industries such as automotive manufacturing, healthcare products &services , construction/engineering services , real estate development , technology/startups , retail &hospitality services . They will also provide support for trade finance requirements, including Project Financing and Trade Guarantees, which are important to businesses looking for credit outside traditional loans.

These efforts are aimed at creating an integrated global network of RBC offices that will allow them to capitalize on international opportunities and offer a superior customer experience by implementing innovative solutions supported by best practices.