Citi has been operating in Pakistan since 1961 and is one of the leading Corporate and Investment bank of the Country. Since its inception, Citibank N.A., Pakistan’s product excellence and extensive local market knowledge has enabled it to develop seasoned relationships with all stakeholders in the country.
Citibank N.A. Pakistan has and continues to be recognized as a provider of talent not only within the global Citi network, but also amongst local and regional banks. The alumni have and continue to play an important role in contributing to the country’s financial services sector as well as to the regulatory sphere.
Citi’s mission in Pakistan is to be the anchor bank for GSGs in Pakistan, and to provide value-added solutions for GSGs, Public Sector Entities, TTLCs and FI’s. These include:
Client segments served by FIG in Pakistan include Commercial Banks, Investment Banks, Leasing and Insurance companies, Fund Managers and Brokerage Houses.
Citi’s goal is to maintain a focused ICG only franchise which is recognized as the market leader in FICC, payment solutions; ECA’s / structured products and M&A. The Bank also seeks to remain a franchise with a locally funded balance sheet, no incremental capital requirements with measured revenue growth; consistently delivering 50% + margin / RORC and efficiency ratios of sub 35%.
Some Citi Firsts in Pakistan include: