Comerica’s
Canada Market
Comerica helps make doing
business across the U.S.-Canadian border simple, fast and efficient.
“Our experienced team of commercial bankers are not only skilled in international
finance, they have a wealth of experience in the Canadian marketplace,”
said Greg Block, who manages Comerica’s lending activities in Canada.
“They also are empowered to make local decisions.”
Comerica’s existing
customer base in Canada includes large- to mid-sized Canadian companies, as
well as U.S. and other companies with operations in Canada. Comerica’s
seamless
U.S.-Canadian platform gives business customers the ability to either centralize
financial control or delegate it locally, whichever works best for them.
A variety of loans are available, as are services related to foreign exchange,
treasury management and international trade. Commercial checking accounts are
available in both Canadian and U.S. dollars.
Comerica’s Mexico
Market
At year-end 2005, Comerica
was pursuing the sale of its Mexican bank charter.
“We have been doing business in Mexico successfully for the past 30 years,”
said Tom Ogden, who leads Global Corporate Banking. “After a thorough
evaluation, we determined that we can serve the Mexican market more efficiently
and effectively by focusing on dollar-based activities. This will be done through
our representative office in Monterrey, which is managed by Joe Koberl.”
“Our commercial bankers understand the nuances of cross-border trade,
and they speak the language and understand the culture,” said Koberl.
“So, there are no barriers and no miscommunications. Business gets done
quickly, efficiently and with service that is unmatched in quality.”
