Located Close to Customers at UAE's Commercial Hubs
Dubai-Citibank, a member of Citi, announced today the launch of four financial centers designed to provide customers with a full suite of banking services closer to their homes. The four financial centers, or Electronic Banking Units (EBUs), are located at the following addresses:
- Al Heel Tower in Abu Dhabi
- Al-Rigga Palace in Dubai
- Marina Heights Towers, Next to Marina Walk in Dubai
- Crystal Plaza, King Faisal Street, Sharjah
The four financial centers are in addition to Citibank's five branches offering wide range of retail banking products including Wealth Management, Credit Cards and Loans to Individuals and SME customers in a friendly and comfortable atmosphere. All four centers are equipped with state-of-the-art Automated Teller Machines (ATMs) to help customers complete their daily banking transactions.
"The financial centers in Dubai, Abu Dhabi and Sharjah offer customers the convenience of being served in their local neighborhoods," said Mohammed Al-Shroogi, Managing Director for the Middle East and Chief Executive Officer for Citi in the UAE. "This is in line with our aim to seek out our valued customers wherever they may be in order to provide them with the service they require in a timely fashion."
Sanjoy Sen, Citibank's Country Business Manager for the UAE, added: "We continuously work towards building greater convenience and access for customers, through the introduction of new access channels to meet their growing needs, whether through branches and new financial centers (electronic banking units), or through the convenience of 24/7 banking offered by the unique CitiPhone platform at 04- 3114000, or through the Internet by accessing Citibank Online at www.citibank.ae."
The four new financial centers fall within a series of customer service and product initiatives that the bank has been executing this year as part of its expansion plan. During this period, the bank doubled its proprietary ATM network across the UAE, with the total number now reaching 50 machines.
Citi has been in the Middle East for nearly 50 years and currently offers consumer-banking services in the UAE, Bahrain and Egypt. In the UAE alone, Citibank, the consumer banking arm of Citi, has had a presence for the past 43 years, and is expanding its major operations within the country. The bank is currently a major player in the UAE's credit card market and a leading provider of banking, Wealth Management and Consumer credit services.
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About Citi:
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citi's trademark red arc include Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.
Certain statements in this document are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citigroup's filings with the Securities and Exchange Commission.
For further information, kindly contact:
Aisha Ali
Media Relations
Citi
Tel: ++971 4 311 4250
Email: aisha.mohammad.ali@citi.com
© Press Release 2007
