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Citibank (Malaysia)

Bank in Malaysia

Summary

Bank in Malaysia

Field	Value
name	Citibank Berhad
logo	Citibank.svg
image	Citibank Tower, Kuala Lumpur.jpg
image_caption	Citibank Tower, Kuala Lumpur, Malaysia
type	Berhad, Licensed Banking Institution.
industry	Banking, Financial services
foundation	Present since July
Incorporation in
location_city	Past – Medan Pasar
Kuala Lumpur, Current - Menara Citibank, Jalan Ampang, Kuala Lumpur
key_people	Vikram Singh (Chief Executive Officer), Ms. Tang Wan Chee (Company Secretary), Ms. Terri Tan Seat Mooi (Company Secretary)
products	Financial services
num_employees	4,000
parent	Citigroup Holdings (Singapore) Ptd. Ltd.
subsid	Citigroup Global Markets Malaysia Sdn BerhadBhd
Citibank Malaysia (L) Limited
Menara Citi Holding Company Sdn Bhderhad (a subsidiary of Citicorp Overseas Investment Corp)
Inverfin Sdn Bhd Citicorp Trade Services (Malaysia) Sdn Bhd
Citigroup Transaction Services (M) Sdn Bhd

Incorporation in Kuala Lumpur, Current - Menara Citibank, Jalan Ampang, Kuala Lumpur Citibank Malaysia (L) Limited Menara Citi Holding Company Sdn Bhderhad (a subsidiary of Citicorp Overseas Investment Corp) Inverfin Sdn Bhd Citicorp Trade Services (Malaysia) Sdn Bhd Citigroup Transaction Services (M) Sdn Bhd

Citibank Berhad is a licensed commercial bank operating in Malaysia headquartered in Jalan Ampang, Kuala Lumpur. It operates as a subsidiary of Citigroup Holding (Singapore) Private Limited and began its banking operations in Malaysia in 1959. The bank was locally incorporated in 1994. Citibank Berhad has 11 branches across Kuala Lumpur, Selangor, Penang, Kuantan, Malacca and Johor.

History

Formerly known as First National City Bank, Citibank opened its first Malaysian branch in Jalan Medan Pasar, Kuala Lumpur with 17 employees in July 1959. Two more branches opened in 1965, another one in Kuala Lumpur and one in Penang.

Citibank Berhad locally incorporated on April 22, 1994 making it the first American Bank to do so.

Consumer and corporate banking operations were brought under one roof at the new headquarters, Citibank Menara, on June 11, 2001.

In 2006, following the lifting of restrictions on foreign banks, Citibank opened branches throughout Malaysia in Bukit Tengah (Penang), Damansara Perdana (Petaling Jaya), Klang, and Puchong (Selangor). In 2009, Citibank opened another four branches in Taipan USJ, Cheras, Melaka, and Kuantan, expanding its branch network to eleven.

On November 1, 2022, Citigroup completed the transfer of Citi Malaysia's retail banking and consumer credit card businesses to UOB Malaysia.

References

"Bank Negara Malaysia – List of Licensed Banking Institutions in Malaysia".
"Bank Negara Malaysia – Citibank Berhad".
"Citi 50 – Developing Global Centres of Excellence".
"Careers Overview - Citibank Malaysia".
"Citibank Berhad Pillar 3 Disclosure June 2014 pdf - Citibank Berhad, Page 3".
"A journey of 50 years - Archives - The Star Online".
"Citigroup - About Us, Asia Pacific, Malaysia".
[http://www.citigroup.com/citi/global/mys.htm Global location: Malaysia] {{Webarchive. link. (13 February 2012 . Citi. Retrieved September 15, 2008.)
"Citi 50 – Track our history here".
"Citibank Opens Four New Bank Branches in Taipan USJ, Cheras, Melaka and Kuantan".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

banks-of-malaysia banks-established-in-1994 1994-establishments-in-malaysia citigroup malaysian-subsidiaries-of-foreign-companies privately-held-companies-of-malaysia

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