Citibank N. A.

Citibank N.A. is a globally recognized bank with a significant presence in the United Arab Emirates (UAE). As a branch of a foreign bank, it is licensed by the Central Bank of the UAE. Its operations in the UAE are part of its larger network of distinct legal entities that form its global banking system.

Services and Operations

Citibank N.A. UAE provides a wide array of banking services to meet the needs of its diverse clientele. These services include savings and current accounts, deposits, loans, and mortgages. Additionally, Citibank offers wealth management services such as investment funds. For the convenience of its customers, the bank also offers credit and debit card services.

The bank has several branches in the UAE, including on Khalid Ibn Al Walid Street and in the Gate Precinct Building 2. In line with its commitment to growth and expansion, Citibank was granted a license by Abu Dhabi Global Market (ADGM) in 2018 to set up another branch at ADGM. This new branch has been instrumental in providing liquidity management solutions.

Global Presence

Citibank N.A. has an extensive global presence, with its UAE branch being a part of the larger Citigroup franchise. Citigroup is a multinational investment bank and financial services corporation headquartered in New York City. Citibank N.A. operates across several international markets, offering a range of financial products and services.

Leadership

In its efforts to ensure effective leadership and management, Citibank recently appointed Maria Ivanova as Citi Country Officer (CCO) for the United Arab Emirates. This appointment is part of the bank's strategy to strengthen its operations in the UAE.