Citizens Commercial Banking is now partnering with Opportunity Network to help their clients gain access to the innovative business-to-business networking platform. Opportunity Network is a community of 13,500 CEOs and approximately $35 billion of deal flow. It is a business matchmaking platform where members can find trustworthy counterparties for any deal above $ 1 million and that allows banks to grow their market share.
Citizens Bank says users may seek trustworthy partners to help them expand into new markets, sell privately held enterprises, execute cross-border mergers and acquisitions, and maximize global asset utilization. Citizen points to this new partnership as part of their “client first approach” and how they are using technology to help clients expand their businesses.
“It made a lot of sense for us to partner with Citizens Bank because the Citizens team is committed to leveraging innovative digital technologies – both organically and through partnerships such as ours – to create better experiences for their clients and to provide smart solutions in the areas that matter most to them,” said Garrett Smith, Opportunity Network founding partner and president, North America.
Steve Woods, head of corporate banking for Citizens Bank, said Opportunity Network held an attractive value proposition for mid-sized businesses.
“Partnering with Opportunity Network helps us address an important issue: the fact that many midsize businesses and private investors could benefit from expanded tools and networks of contacts to grow.”
Headquartered in Providence, Rhode Island, Citizens Financial Group, Inc. is one of the nation’s largest financial institutions, with $147 billion in assets.