02/13/2018
Global Finance Ranks Citizens Bank as Best Treasury and Cash Management Bank in Northeast, Mid-Atlantic and Midwest Regions of U.S. for 2018
PROVIDENCE, RI – Global Finance selected Citizens Bank as the Best Treasury and Cash Management provider for the Northeast, Mid-Atlantic and Midwest regions in its 18th annual provider rankings – a trio of honors that makes Citizens the most celebrated U.S. regional bank.
Citizens has made significant investments in Treasury Solutions over the past several years. The Citizens team is growing and dedicated to delivering a superior client experience while also working to continuously improve its product suite to meet the evolving needs of its clients.
Citizens will be recognized for its top rankings on Oct. 24 in Sydney during the annual Sibos conference, which is organized by SWIFT for the financial industry and brings together 8,000 business leaders and experts.
“Citizens is committed to providing our clients with tailored solutions to help them reach their potential. This recognition reflects the great efforts of our strong Citizens team,” said Michael Cummins, head of Treasury Solutions at Citizens Bank. “As our clients’ strategic and financial partner, we will continue to invest significantly in our business so that they have the tools to make the best decisions to build their businesses.”
“With too much money chasing too few opportunities, sophisticated financial leadership, based on detailed, timely information, is a critical component of smart corporate management today,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “Our Treasury & Cash Management Awards recognize the financial institutions that lead the field in providing their treasury clients with insights and real-time tools that they need.”
Global Finance used a multi-tiered assessment process — which included input from industry analysts, corporate executives, technology experts and independent research — to select the best providers of treasury and cash management services. A variety of subjective and objective criteria were considered, including: profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.
Headquartered in New York with offices around the world, Global Finance has readers in 192 countries. Global Finance regularly selects the top performers among banks and other providers of financial services. Its awards have become a trusted standard of excellence for the global financial community.
Details about Global Finance’s 18th annual Best Treasury and Cash Management Banks and Providers ranking and the list of winners are available here.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $152.3 billion in assets as of December 31, 2017. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,150 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
