BancShares’ foreign representative office will serve as an information and referral extension of the company. Foreign companies that want to invest in the US will be able to coordinate key relationships with First Citizens and IronStone banks. The London office will not conduct any financial transactions.
Lewis Holding, chairman of the board of First Citizens BancShares, said: This significant announcement represents our commitment to further growing our business and proactively supporting globalization and foreign trade. We believe our new office will maximize our global potential and provide new and exciting business opportunities for our company.
