RBS Citizens, the commercial banking arm of Citizens Financial Group, has said that it will launch its technology and services banking group nationally. The service was established five years ago with initial focus on the Greater Boston area,.
The group supports technology companies that deal with software and systems, business services, hardware and equipment, and media and communications.
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RBS Citizens corporate banking head Steve Woods said: "We have a very strong portfolio of technology relationships in place that has grown significantly over the years as the major technology companies in our footprint have recognized our expertise in this area and turned to us for their banking needs."
The latest expansion includes building relationships with more firms across industries such as technology, health care and franchise finance in Denver, Atlanta, Dallas, Austin and the West Coast.
RBS Citizens managing director William Egge said: "We have a diverse portfolio of clients that include both technology companies and private equity groups and we are deeply engaged in the technology M&A market.
"We have a very strong team with a lot of industry expertise that is focused on helping our clients achieve their goals."
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