Citibank Philippines

Citibank Philippines
Company typeSubsidiary
IndustryBanking
FoundedJuly 1912; 112 years ago (1912-07)
Headquarters
34th Street, Bonifacio Global City, Taguig, Metro Manila
,
Philippines
Key people
Paul Favila (Citi Philippines CEO)
ParentCitigroup
Websitewww.citigroup.com/global/about-us/global-presence/philippines

Citibank Philippines is the Philippines branch of Citibank. In July 1902, the International Banking Corporation, a predecessor to Citibank, opened its first branch in Manila. It was the largest commercial bank in the Philippines.

One of its largest investments in the country is the site building in Bonifacio Global City, Taguig.

Citi Philippines, including Citi Solutions Center (CSC) Manila, comprising Regional Operating Headquarters (ROHQ) and the Citigroup Business Process Solutions (CBPS), have around 7,000 employees.[citation needed]

Currently, Citi Philippines serves the public sector, top-tier local corporates, multinationals, and financial institutions through its Institutional Clients Group.

History

In 2012, the bank installed an ATM in The Rockwell Center in Manila which dispenses US Dollars in addition to Pesos- becoming the first in the country to do so.[1] This allows customers to withdraw cash or conduct transactions up to $3000 per day.

Exit of consumer banking operations and merger with UnionBank

In April 2021, Citigroup announced it would exit its consumer and retail banking operations in 13 markets, including Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam. However, Citibank Philippines continued its operations until the sale of the bank to the new local owners.[2][3]

On December 23, 2021, Citigroup announced that Citigroup sold the company's consumer and retail banking business in the Philippines to Union Bank of the Philippines (UBP) for ₱ 55 billion, with the latter as the surviving entity of the said merger. The transaction included the bank’s credit card, personal loans, wealth management, and retail deposit businesses. The acquisition also included the bank’s real estate assets in Citibank Square in Eastwood, Quezon City, Metro Manila as well as three full service Citibank Philippines branches, five wealth centers and two bank branch lites. The deal also means UnionBank would absorb approximately Citibank Philippines' 1,750 local employees, including those in senior management roles, the deal is expected to close in the second half of 2022.[4]

Products and services

Treasury and Trade Solutions

Securities Services

References

  1. ^ "Citi installs dual-currency ATM in Rockwell". The Philippine Star. October 2, 2012.
  2. ^ "Citi exits retail banking in Philippines, 12 other markets". philstar.com. April 17, 2021. Retrieved April 17, 2021.
  3. ^ "Citi Philippines: Consumer banking ops, ATMs, call centers, offices to continue for the meantime". GMA News. April 20, 2021. Retrieved April 20, 2021.
  4. ^ "Edging out rivals, UnionBank to acquire Citi's local consumer banking business". philstar.com. December 23, 2021. Retrieved December 23, 2021.

Read other articles:

Dewan Keamanan Nasional (Arab Saudi)

Dewan Keamanan Nasional (Arab Saudi)Informasi lembagaDibentuk2005Dibubarkan29 Januari 2015Pejabat eksekutifRaja Abdullah bin Abdulaziz Al Saud, PresidenPangeran Bandar bin Sultan, Sekretaris Jenderal Arab Saudi Artikel ini adalah bagian dari seri Politik dan KetatanegaraanKerajaan Arab Saudi Hukum Dasar Monarki Raja dan Penjaga Dua Kota Suci Salman Putra Mahkota Muhammad bin Salman Wakil Putra Mahkota Kosong Dewan Kesetiaan Garis suksesi Pemerintah Perdana Menteri Salman Dewan Menteri Majelis...

 

Administrasi Pariwisata Nasional Tiongkok

Administrasi Pariwisata Nasional Tiongkok中华人民共和国国家旅游局Guójiā Lǚyóu JúLambang Nasional Republik Rakyat TiongkokInformasi lembagaDibentuk1982Dibubarkan19 Maret 2018Lembaga penggantiKementerian Kebudayaan dan Pariwisata TiongkokJenisNasionalWilayah hukum TiongkokKantor pusatBeijingPejabat eksekutifLi Jinzao (李金早), ChairmanLembaga indukDewan NegaraSitus webzh.travelchina.gov.cn Administrasi Pariwisata Nasional Tiongkok (APNT) (Hanzi sederhana: 国家旅�...

 

Durlangen

Durlangen Lambang kebesaranLetak Durlangen NegaraJermanNegara bagianBaden-WürttembergWilayahStuttgartKreisOstalbkreisPemerintahan • MayorDieter GerstlauerLuas • Total10,43 km2 (403 sq mi)Ketinggian470 m (1,540 ft)Populasi (2021-12-31)[1] • Total2.802 • Kepadatan2,7/km2 (7,0/sq mi)Zona waktuWET/WMPET (UTC+1/+2)Kode pos73568Kode area telepon07176Pelat kendaraanAA Durlangen ialah sebuah kotamadya di distr...

Ninth Belgrade Gymnasium

Gymnasium schoolNinth Gymnasium Mihailo Petrović-AlasДевета гимназија Михајло Петровић-АласDeveta gimnazija Mihailo Petrović-AlasIX Gymnasium Mihailo Petrović-Alas,LocationNew Belgrade, SerbiaCoordinates44°49′44″N 20°24′09″E / 44.8290°N 20.4025°E / 44.8290; 20.4025InformationTypeGymnasiumEstablished1961 (1961)Websitewww.devetagimnazija.edu.rs The IX Gymnasium Mihailo Petrović-Alas (Serbian: Девета гимна�...

 

Blastocyste

Cet article est une ébauche concernant la biologie. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Ne doit pas être confondu avec blastocyte. morula. 1 - cavitation, 2 - blastula. Schéma de blastocyste Le blastocyste (du grec βλαστός (blastos) signifiant « germe, bourgeon » et κύστις (kystis) pour « vessie ») est un stade du développement embryonnaire précoce des mammif...

 

Warna tersier

Warna tersier adalah warna yang dihasilkan dari campuran satu warna primer dengan satu warna sekunder dalam sebuah ruang warna. Warna Cat (RYB) Warna primer, sekunder dan tersier dalam lingkaran warna RYB. biru (●) + hijau (●) = hijau laut (●) hijau (●) + kuning (●) = pucuk pisang (●) kuning (●) + jingga (●) = kuning lulur (●) jingga (●) + merah (●) = merah merona (●) merah (●) + ungu (●) = patma (●) ungu (●) + biru (●) = lembayung (●) Warna Cahaya (RGB) Li...

List of acts of the Parliament of Great Britain from 1773

English, Scottish, Irish and Great Britain legislationActs of parliaments of states preceding the United Kingdom Of the Kingdom of EnglandRoyal statutes, etc. issued beforethe development of Parliament 1225–1267 1275–1307 1308–1325 Temp. incert. 1327–1411 1413–1460 1461 1463 1464 1467 1468 1472 1474 1477 1482 1483 1485–1503 1509–1535 1536 1539–1540 1541 1542 1543 1545 1546 1547 1548 1549      1551      1553 1554 1555 &...

 

Richard Hudson (American politician)

American politician (born 1971) This article is about the American politician. For other people with the same name, see Richard Hudson. Rich HudsonOfficial portrait, 2016Chair of the National Republican Congressional CommitteeIncumbentAssumed office January 3, 2023LeaderKevin McCarthyMike JohnsonPreceded byTom EmmerSecretary of the House Republican ConferenceIn officeJanuary 3, 2021 – January 3, 2023LeaderKevin McCarthyPreceded byJason SmithSucceeded byLisa McClainMember of the...

 

Royal College of Physicians of Edinburgh

Royal College of Physicians of EdinburghSingkatanRCPETanggal pendirian1681TipeKolese kedokteranLokasiEdinburghKoordinat55°57′18″N 3°11′47″W / 55.9550°N 3.1965°W / 55.9550; -3.1965Koordinat: 55°57′18″N 3°11′47″W / 55.9550°N 3.1965°W / 55.9550; -3.1965Jumlah anggota (2016) 12,000PresidenAndrew ElderAfiliasiAcademy of Medical Royal CollegesMRCP(UK)Situs webwww.rcpe.ac.uk Kantor pusat Royal College of Physicians of Edinburgh,...

Guerre soviéto-polonaise

Guerre soviéto-polonaise Carte polonaise. Informations générales Date 1919–1921 Lieu Europe centrale et Europe de l'Est. Issue Victoire polonaise. Paix de Riga[1]. Belligérants RSFS de Russie République socialiste soviétique d'Ukraine République socialiste soviétique de Biélorussie République socialiste soviétique de Galicie (1920) Comité révolutionnaire provisoire polonais (1920) République socialiste soviétique lituano-biélorusse (1919) Pologne  République populaire...

 

Blackwater, Hampshire

Human settlement in EnglandBlackwaterBlackwaterLocation within HampshireOS grid referenceSU855595Civil parishBlackwater and HawleyDistrictHartShire countyHampshireRegionSouth EastCountryEnglandSovereign stateUnited KingdomPost townCAMBERLEYPostcode districtGU17Dialling code0125201276PoliceHampshire and Isle of WightFireHampshire and Isle of WightAmbulanceSouth Central UK ParliamentAldershot List of places UK England Hampshire 51°19′41″N 0°46′27″W&...

 

Halophyte

Cet article est une ébauche concernant la botanique. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Cakile maritima et Ammophila arenaria Marais maritime dominé par la spartine à feuilles alternes, Sept-îles, Canada Les halophytes (du grec halos, sel, et phyton, plante, terme introduit en 1809 par Peter Simon Pallas)[1], sont des plantes adaptées aux milieux salés ou par extension aux milieux à pression ...

Aurelio Drago

Aurelio Drago Deputato del Regno d'ItaliaLegislaturaXXIV, XXV, XXVI GruppoparlamentareSocialista riformista CollegioCefalù; Palermo Sito istituzionale Senatore del Regno d'ItaliaDurata mandato17 aprile 1939 – LegislaturaXXX Incarichi parlamentariCommissione dei lavori pubblici e delle comunicazioni Sito istituzionale Dati generaliTitolo di studioLaurea in ingegneria ProfessioneIngegnere Aurelio Drago (Naso, 21 gennaio 1873 – Palermo, 27 luglio 1955) è stato ...

 

Deux danses (Debussy)

Pour les articles homonymes, voir Deux danses. Deux Danses L 113 (103) Danse sacrée et Danse profane Page de titre du manuscrit autographe. Genre Œuvre concertante Musique Claude Debussy Effectif Harpe et orchestre à cordes Durée approximative 10 min Dates de composition 1904 Dédicataire Gustave Lyon Création 6 novembre 1904Concerts ColonneParis France Interprètes Lucile Wurmser-Delcourt (harpe), Édouard Colonne (dir.) modifier  Les Deux danses (Danse sacrée et Danse profa...

 

Dada Chan

Hong Kong actress Dada Chan陳靜BornChan Ching (1989-03-22) March 22, 1989 (age 35)Hong KongOccupation(s)actress, modelYears active2007–presentModeling informationHeight1.67 m (5 ft 6 in)Hair colorBlackEye colorDark brownAgencyJacso Entertainment (2010-present) Dada Chan (born 22 March 1989) is a Hong Kong actress and model under Jacso Entertainment based in Hong Kong.[1] Entertainment career In 2007, as a model, she was with Hong Kong singer Jason Chan sho...

George Reid

Australian politician (1845–1918) For other people named George Reid, see George Reid (disambiguation). The Right HonourableSir George ReidGCB GCMG KCReid in 19154th Prime Minister of AustraliaIn office18 August 1904 – 5 July 1905MonarchEdward VIIGovernor‑GeneralLord NorthcotePreceded byChris WatsonSucceeded byAlfred Deakin1st Leader of the OppositionIn office19 May 1901 – 17 August 1904Prime MinisterEdmund BartonAlfred DeakinChris WatsonPreceded byNew p...

 

Contentment

Emotional state For other uses, see Contentment (disambiguation). Part of a series onEmotions Affect Classification In animals Emotional intelligence Mood Regulation Interpersonal Dysregulation Valence Emotions Acceptance Admiration Affection Amusement Anger Angst Anguish Annoyance Anticipation Anxiety Apathy Arousal Awe Belongingness Boredom Confidence Confusion Contempt Contentment Courage Curiosity Depression Desire Determination Disappointment Disgust Distrust Doubt Ecstasy Elevation Emb...

 

Censis

Questa voce o sezione sugli argomenti sociologia e economia non cita le fonti necessarie o quelle presenti sono insufficienti. Puoi migliorare questa voce aggiungendo citazioni da fonti attendibili secondo le linee guida sull'uso delle fonti. Segui i suggerimenti dei progetti di riferimento 1, 2. CENSISCentro Studi Investimenti Sociali TipoFondazione Fondazione1º gennaio 1964 FondatoreGino Levi Martinoli, Giuseppe De Rita Sede centrale Roma Presidente Giuseppe De Rita DirettoreMassimil...

Étoile pauvre en hélium

Une étoile pauvre en hélium, ou étoile He-weak, est un type d'étoile chimiquement particulière de type spectral B. Dites étoiles CP4, elles se caractérisent par des raies de l'hélium d'intensité plus faible que l'observation des couleurs UBV ne le laisseraient supposer[1]. Leurs raies de l'hélium les placent dans un type spectral plus tardif (c'est-à-dire plus froid) que leurs raies de l'hydrogène. Paradoxalement, les étoiles pauvres en hélium ne sont pas mutuellement exclusives...

 

العلاقات الجنوب سودانية الميانمارية

العلاقات الجنوب سودانية الميانمارية جنوب السودان ميانمار   جنوب السودان   ميانمار تعديل مصدري - تعديل   العلاقات الجنوب سودانية الميانمارية هي العلاقات الثنائية التي تجمع بين جنوب السودان وميانمار.[1][2][3][4][5] مقارنة بين البلدين هذه مقارنة ...