Citi is launching a new commercial banking offering for local mid-size and emerging companies as well as foreign firms with Swiss subsidiaries, it said in an emailed statement Wednesday.

The offer is aimed at businesses with revenues of $10 million upwards, that are growing internationally and can benefit from the bank’s worldwide network, encompassing over 160 countries.

«We specialize in advising clients that have international ambitions and high transaction volumes. These companies have sophisticated, and often complex, needs and we are able to support their growth by developing scalable solutions and providing diversified sources of capital,» Auke Leenstra, head of Citi commercial bank in Western Europe, said.