Fifth Third Bank 2007 Annual Report Download - page 16

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2007 Highlights
• $1.9 billion total revenue
• $702 million net income
• $35.7 billion average loans
• $15.9 billion average core deposits
• 650 corporate client relationships
• 11,500 middle market
client relationships
• 112,000 treasury
management relationships*
* includes small business relationships
in Branch Banking
Commercial Banking
FifthThird’s
1,100Commercialbankersserveclients
rangingfrommiddlemarketcompanies
with$10millioninannualrevenueto
someofthelargestcompaniesinthe
world.Inadditiontothetraditional
lendinganddepositoryofferings,our
productsandservicesincludeglobal
cashmanagement,foreignexchangeand
internationaltradenance,derivatives
andcapitalmarketsservices,asset-
basedlending,realestatenance,
publicnance,commercialleasingand
syndicatednance.
FifthThirdhas150
yearsofCommercialbankingexperience
and,throughoutourhistory,hasalways
believedinkeepingdecision-making
local.Throughourafliatemodel,
whichallowsustokeepclosetothe
communitiesweserve,FifthThird
isabletoofferthehighlevelofservice
ofalocalbankwhilemaintaining
thenancialstrengthandproduct
capabilitiesthatcomewithbeingoneof
thelargestbanksinthecountry.
Westrivetooffercompletenancial
solutionstoourclients.Webelievethe
focusshouldbeonourtotalrelationship
withourclients–notjustmeeting
today’sneeds,butworkingwithclients
toidentifytomorrow’srequirements
astheygrow.
FifthThirdremainscommitted
toofferinginnovativeandintegrated
solutionsforourcustomers.Welaunched
12newproductsin2007,severalwith
market-leadingfunctionality,includingan
electronicdepositoryservicethatallows
customerstoscanchecksanddeposit
themelectronicallyfromwhatever
locationtheychoose.Thisallowedour
clientstofocusmoretimeonimproving
theirbusinessratherthanonroutine
bankingtasks,andenabledustoserve
asourcustomers’depositoryinstitution
acrossthecountry.During2007,we
processed18.8millionelectronicdeposit
transactionstotaling$31.3billionfrom
2,473locations.Wealsodelivered
RemoteCurrencyManager,aninnovative
solutionthatusesasmartsafeto
automatethecashhandlingprocessfrom
thetimecashiscollectedtothetimeitis
depositedandcreditedtoacustomer’s
account.Thisproductconsolidates
bankingrelationships,reducestherisk
offraudandtheft,andstreamlinesthe
reconciliationprocess.Byyear’send,we
hadinstalled500electronicsafesacross
thecountry.Wecontinuetoaddvalue
toallofourrelationshipsbycombining
ourdepthofexperiencewithintegrated
solutionsthatwillbestmeetourclients’
evolvingneeds.


Clients
 | 