Tag Archives: banking

RBC Bahamas 100th Anniversary

originally published November 19, 2009

On September 22, 2008, the Bahamas Postal Administration issued a set of 5 stamps to celebrate the Royal Bank of Canada’s (RBC) 100-year presence in the Bahamas. Printed by BDT International Security Printing Ltd by photogravure and perforated 13 x 13, the stamps depict various scenes of RBC’s presence in the region.

RBC began its presence in the Caribbean in 1882 with a Branch in Bermuda, Cuba was their second Caribbean branch established in 1899. By 1914 RBC was established in Puerto Rico, Bahamas, Trinidad, Jamaica, Dominican Republic, Barbados, British Honduras and Grenada.

Expansion continued between 1915 and 1964 with branches being located Dominica, Antigua, St. Kitts, Nevis, Montserrat, Tobago, Martinique, Guadeloupe, Haiti and St. Lucia, St. Vincent and Grand Cayman.

In 1996 RBC consolidated their operations Antigua, Bahamas, Barbados, Cayman Islands, Dominica, Montserrat, St. Kitts and St. Lucia. 2002 saw RBC move their Caribbean operations from Toronto, Ontario to Nassau, the Bahamas with a regional office in Barbados.

Government of Bahamas press release: http://www.bahamas.gov.bs/bahamasweb2/home.nsf/a2adf3d1baf5cc6e06256f03005ed59c/1fc6879e3cb790cd852574d60056e6df!OpenDocument
Royal Bank of Canada Website: http://www.rbcroyalbank.com/caribbean/rb_hist.html
WADP Numbering System Website: http://www.wnsstamps.ch/en