Fifth Third Bank announced it opened a new European representative office located in London. The new office serves as the Origination and Client Coverage office for European companies that have operations in North America.

“The London office represents a natural evolution and progression of our international business,” said Greg Kosch, executive vice president and head of the Wholesale Bank for Fifth Third. “The office puts Fifth Third Bank in the heart of Europe’s strongest financial district and demonstrates our commitment to the global wholesale market.”

Fifth Third has had a presence in Europe for nearly 20 years. The growth of multinational corporations, along with the increasingly global nature of business in general, has made it more important than ever for Fifth Third to be able to serve international customers with U.S. subsidiaries, the company said.

Fifth Third also serves international customers through an office in Toronto, Canada.