Citibank Russia

Citibank Russia (Russian: Ситибанк) is a Russian commercial bank, which is part of the financial corporation Citigroup.[2]

Citibank Russia
Native name
Ситибанк
TypeJoint Stock Company
IndustryBanking, financial services
Founded1993 (1993)
HeadquartersMoscow, Russia
Area served
Russia
ProductsConsumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards
Revenue41,953,600,000 Russian ruble (2017) 
56,9 billion rubles (2015)
6.1 billion rubles (2015)
Total assets386.9 billion rubles (2015)
Number of employees
~4000 (2015)
ParentCitigroup[1]
Websitehttp://www.citibank.ru

Branches & ATMs

Citibank Russia has branches and ATMs present in Moscow, St.Petersburg, Ekaterinburg, Nizhniy Novgorod, Rostov-on-Don, Samara, and Ufa.[3] However their branch network is expected to decline to 15 from 22 by the end of 2019.[4]

Termination consumer banking

In April 2021, Citigroup announced that it would exit consumer banking operations in 13 countries, including Russia. Perhaps this business will be acquired by either Alfa-Bank or Tinkoff Bank. However, the exit process is expected to take several years.[5]

See also

References
  1. "Citi | Europe, Middle East & Africa | Russia". www.citigroup.com. Retrieved 2019-02-14.
  2. "History of Citi in Russia". www.citibank.ru. Retrieved 2019-02-14.
  3. "Branches and ATMs in Moscow". www.citibank.ru. Retrieved 2019-02-14.
  4. PYMNTS (2019-01-24). "Online Shift Trims Citi's Russian Bank Branches". PYMNTS.com. Retrieved 2019-02-14.
  5. "«Альфа» и «Тинькофф» заинтересовались розницей сокращающего бизнес Citi" (in Russian). RBC. 2021-06-08.


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