Abu Dhabi- Citibank N.A today inaugurated its main branch in Abu Dhabi, located at Al-Falah Street. The inauguration ceremony was hosted by Mr. James Cowles, Citi's Chief Executive Officer for Europe, Middle East & Africa (EMEA), who is currently visiting the region, as well as Mr. Atiq Ur-Rehman, Citi's Chief Executive Officer for the Middle East Division.
Present at the ceremony were several dignitaries, officials and clients including Sheikh Mohammed Bin Saif Bin Mohammed Al Nahyan, as well as H.E. Saeed Abdulla Al Hamiz, Assistant Governor for Banking Supervision, Central Bank of the UAE.
Al-Falah Street branch is a full-fledged state-of-the-art branch providing customers with a comprehensive suite of banking services close to their homes and in proximity to their workplaces. It displays the latest smart banking technology, and offers a wide range of personalized financial planning solutions to help customers achieve their financial goals in a friendly and comfortable atmosphere.
The branch also caters to the banking needs of Small & Mid-Market Enterprises through a host of business and financial solutions including a complete range of Cash Management, Trade, Treasury and Lending solutions.
"Citibank has been a partner in Abu Dhabi's progress for over four decades, and intends to enhance its value-added services to clients and investors, as well as expand its foothold in Abu Dhabi's rising suburbs," said Mr. Dinesh Sharma, Citibank's Consumer Banking Head for the Middle East. "The opening of Al-Falah Street Branch is in line with our goal to implement state-of-the-art banking practices and serve clients in the most efficient manner."
Citi has had presence in the UAE for the past 50 years, and is expanding its major operations within the country. Citibank, the consumer banking arm of Citi, is currently a major player in the UAE's credit card market and a leading provider of Wealth Management and Consumer Credit services.
In 2012, Citibank launched the Mussafah Branch at Prestige Tower in Mohamed Bin Zayed City. The Musaffah branch provides "one stop" solution to Citibank customers and has several elements of smart banking - such as interactive touch panels and real time online banking, at the heart of Abu Dhabi's burgeoning suburb with connectivity to industrial zones such as Kizad.
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About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides 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, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
About Citibank UAE's Branch Network
Citibank's branch network in the UAE includes five branches in Dubai, Sharjah and Abu Dhabi and seven Financial Centers (or Electronic Banking Units) located at the following addresses:
• Safeer Mall, Sharjah
• Dubai International Airport, Terminal 3
• Jebel Ali, Dubai
• Jumeirah Beach Road, Dubai
• Al-Rigga Palace, Al Maktoum St, Dubai
• Marina Heights Towers, Next to Marina Walk, Dubai
• Al Heel Tower in Khalidiya, Abu Dhabi
Media Contacts:
Citi:
Chaden Boustany
+971 (4) 509 9570
chaden.boustany@citi.com
© Press Release 2013
