Over 125 Top Clients attended the Seminar at the Diplomat Radisson SAS
Manama - Citibank Non-Resident Indian (NRI) Business and Prudential Asset Management Limited lately hosted a client seminar dedicated to the launch of International Opportunities Portfolio Management Limited ("IOPM") Build India - Buy India Fund.
Speaking at the occasion, Mr. Manish Bhatia, Area Director for Citibank NRI Business in Bahrain & Northern Gulf Countries mentioned that, "Citibank has brought a broad array of investment opportunities to its client base. More specifically, the range of investments in India theme constitutes a leading proposition in this market place."
Mr. Gaurav Kumar, Chief Marketing Officer of Prudential Asset Management Limited, mentioned that the IOPM Build India-Buy India Fund will aim to generate capital appreciation over the medium term by investing into Indian equity & equity related securities within Infrastructure as well as Retail & Consumer sectors which are expected to drive the economic growth & to benefit from the rising prosperity levels in India.
Citibank NRI Business is a top provider of wealth management solutions. Over the past few years, Citibank NRI in Bahrain has been providing solutions tailored to its client needs with a comprehensive suite of products and services that include structured notes, fixed income securities, mutual funds, hedge funds, multi-manager funds and unit-linked insurance plans.
Citi has been in the Middle East for nearly 50 years and currently offers consumer-banking services in Bahrain, UAE and Egypt. In the Kingdom of Bahrain alone, Citibank, the consumer banking arm of Citi, has had a presence for the past 18 years, and is expanding its major operations within the country. Citibank is currently a major player in the Bahrain credit card market and a leading provider of banking, wealth management and consumer credit services.
-Ends-
About Citibank
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. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko.
Additional information may be found at www.citigroup.com or www.citi.com
For further information on this press release, please contact:
Deema Murad
Public Affairs Officer
Citi
Tel: ++973 17 588644
Email: deema.murad@citi.com
© Press Release 2008
