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Malaysia
Citi's footprint in Malaysia dates back to July 1959, two years after the country obtained independence from the British. Beginning with 17 employees in a two-storey shop house located at Medan Pasar, Kuala Lumpur, the organization has grown in tandem with the nation as a provider of premium financial service and innovative products. Currently, it employs more than 3,500 staff, of which more than 95% are local. Locally incorporated in 1994, Citi now serves customers across seven branches in Kuala Lumpur, Penang, Johor and Selangor. Citigroup is organized into three major business groups - Global Consumer, Institutional Clients Group, and Global Wealth Management. The Citi Global Consumer business comprise of the financial service sector's most diverse consumer product offerings, including banking services, credit cards, loans and insurance. Our businesses also offer industry-leading technology, a strong worldwide presence and a powerful global franchise in Citibank. Citi is a leading player in the Malaysian credit card space, holding 20% market share in credit card usage. Our Institutional Clients Group (ICG) business achieves the extraordinary for our clients around the world. No financial institution is more committed to understanding and advancing the goals of its clients. We create solutions for and provide the broadest possible capital and market access to thousands of issuers and investor clients, and no institution better executes the increasingly complex payment and cash management solutions required in today's global economy. ICG offers a broad spectrum of financial services that includes treasury management, transaction services, securities custodianship, foreign exchange, fixed income, sales and trading, and corporate finance to corporate clients, governments and financial institutions. The Citi Private Bank provides personalized wealth management services for our affluent clients. Citigroup also provides offshore financial services out of its office in Labuan, Malaysia. Malaysia is also the center for Citigroup's regional trade processing, serving over 13 countries in the Asia Pacific region. Citibank is the only foreign bank to be rated AAA by the Rating Agency Malaysia for 8 consecutive years. Corporate Banking www.citibank.com/malaysia/corporate Consumer Banking www.citibank.com/malaysia |
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