COLUMBUS, Ohio – Huntington National Bank’s commercial banking segment continues to expand its corporate, specialty and government banking business with the addition of two industry verticals: the Financial Institutions Group and the Aerospace & Defense Group.
The new verticals are part of Huntington Commercial Bank’s recent geographic and vertical expansion. The bank recently expanded its middle market banking presence in North Carolina, South Carolina and Texas, in addition to launching a variety of new industry verticals to serve more clients nationally. These verticals include Fund Finance, Native American Financial Services, Healthcare Asset-based Lending and Specialized Mortgage Solutions.
The new Financial Institutions Group supports insurance companies, asset and wealth management firms, broker-dealers, clearing houses and exchanges, as well as specialty and diversified financial companies.
The Aerospace & Defense Group works with commercial aerospace suppliers, commercial aviation aftermarket service providers, defense product suppliers and government service providers.
“Within these sectors, there’s a meaningful opportunity for Huntington to help companies with their complex financial needs,” said Tizu Menelik, the bank’s executive managing director of corporate, specialty and government banking. “We look forward to delivering our expertise and capabilities to a wide range of clients in these important and growing industries.”