Citizens Financial Group’s commercial bank, RBS Citizens, announced a national expansion of its MidCorporate business and increased financing capabilities for companies in growth industries including healthcare, technology and franchising. Previously, Citizens focused principally on the New England, Mid-Atlantic and Midwestern markets served by its Citizens Bank and Charter One retail branch networks.
“Having invested significant resources in new technology platforms, treasury products and staff, we are excited to be delivering innovative financing ideas and great service to companies across the country. We have grown from a bank with a strong but regionally focused Commercial Banking division to a top lead arranger of syndicated loans for middle market companies,” said Robert Matthews, vice chairman for Commercial Banking. “Having invested significant resources in new technology platforms, treasury products and staff, we are excited to be delivering innovative financing ideas and great service to companies across the country.”
To enable the national expansion, Citizens has hired teams of experienced commercial bankers across its traditional New England, Mid-Atlantic and Midwestern markets and also in the following markets:
- Washington, DC
- Charlotte, NC
- Atlanta
- Dallas
- Los Angeles
RBS Citizens has also made key hires to bolster its capabilities in specialties such as lender finance, treasury services and global markets.