RBS Citizens Announces New Treasury Solutions Unit at SAP Banking Summit in The Hague, Netherlands

PROVIDENCE, R.I. and THE HAGUE, Netherlands, May 3, 2012 /PRNewswire/ -- RBS Citizens today announced the creation of a new Treasury Solutions group within its Commercial Banking organization. Formerly Global Transaction Services, Treasury Solutions will incorporate an end-to-end strategy for domestic cash management, trade finance, and commercial card solutions.

"Treasury Solutions combines our transaction banking products and services into one unit in order to better align with, and serve, our clients' needs," says Robert Matthews, Vice Chairman, Commercial Banking, of RBS Citizens. "These solutions are an important part of our approach to meeting the overall banking needs of our corporate customers, who increasingly turn to RBS Citizens for both lending and treasury support."

James Gifas, EVP and new head of Treasury Solutions, made the announcement today at the SAP Banking Summit in The Hague, Netherlands. Mr. Gifas was a keynote speaker on "Winning Solutions in Corporate Mobile Banking."

"The change reflects a more forward-thinking and customer-focused reality," said Mr. Gifas. "Our customers increasingly look to us to be their overall partner for their banking and corporate treasury needs, and this change will provide our clients with one point of contact in order to fulfill those needs."

RBS Citizens, a leading provider of commercial banking products and services for the middle market, was the first in its region to offer mobile banking for corporate clients. accessMOBILE™, launched as an app for the iPhone, has become widely used by the bank's corporate treasury customers. More than ten "access"-branded products are now available for the bank's corporate clients, with the technology enabling further convergence of treasury functions under the newly formed business unit.

For a copy of Mr. Gifas' remarks, or more information about RBS Citizens Treasury Solutions, please contact Suzanne Oaks of Temin and Company at 212-588-8788 or [email protected].

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc., is a $130 billion commercial bank holding company. It is headquartered in Providence, R.I., and through its subsidiaries has more than 1,500 branches, approximately 3,900 ATMs and approximately 19,700 colleagues. Its two bank subsidiaries are RBS Citizens, N.A., and Citizens Bank of Pennsylvania. They operate a 12-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont; and the Charter One brand in Illinois, Michigan and Ohio. CFG has non-branch retail and commercial offices in more than 30 states. CFG is owned by RBS (the Royal Bank of Scotland Group plc). CFG's website is citizensbank.com.  

SOURCE RBS Citizens