Citi's 2012 bicentennial was an opportunity to reflect on and celebrate our shared past. And it was a chance to explore the ideas that will help enhance the lives of our clients, partners and the communities in which we work. We invite you to see how Citi has supported the people, ideas and innovations that make things better for all of us.Explore
Learn how more than 200 years of history informs our future
See how we put insights and perspectives into action
Discover how Citi ideas help the world operate
Find out how we serve our clients and communities
Since 1812, we've
been privileged to
support some of the biggest ideas in
Roll over the images to discover two centuries of Citi's history. And the history we're working to make right now.
Citi has built a
business on local and international partnership.
In 1948 as the world's economy emerged from the war, demand for fuel oil skyrocketed. Moving oil was slow and expensive, so Aristotle Onassis wanted to double the capacity of tankers. He turned to Citi to finance the world's first supertanker. Today these supertankers are moving more resources — and fueling the global economy — all around the world.Explore these and other milestones in our
The City Bank of New York was formed on June 16th, 1812, after overcoming many obstacles and political maneuverings. Led by Samuel Osgood, a far-sighted elder statesman who believed in expanding trade across borders, the bank let New York compete with Boston, Baltimore and Philadelphia for the nation's business.Learn more about our heritage
Citi plays a key role in
making urban centers
more accessible and
Generations of us forget that fruits and vegetables have natural growing seasons. In the Northern Hemisphere, Valentine's Day roses are given in February — made possible by efficient transportation of cargo across land and sea. Malcolm McLean, a trucking entrepreneur, envisioned installing racks to anchor truck trailers on cargo ships. Citi teamed up with him to finance the project, which ultimately led to the invention of the cargo container.Explore these and other milestones in our
Making the world smaller is no easy task. But in the 1940s, Citi managed to help do just that – while revolutionizing lending valuation. By considering income-generating potential as a means for credit, Citi was enabled to underwrite for advances like the first passenger jet, forever changing how the world travels.Learn more about our heritage
Citi creates economic
There's a new reason to be hopeful in low-income communities across America. Thanks to Citi's 2010 $200 million investment in the Communities at Work Fund, small businesses are getting loans, new community centers are being developed, and housing units are being renovated. All helping to make the big picture even better for communities around the country.Explore these and other milestones in our
With over 20 percent of the world's GDP, today's Europe is a pillar of the global economy. But in the aftermath of the Second World War, it was devastated. Citi played an important role in rebuilding it through the Marshall Plan by arranging commercial letters of credit for shipments to countries receiving aid.Learn more about our heritage
Citi is committed to
The Citi for CitiesSM initiative is our commitment to help create the urban center of the future, with modernized infrastructure, job creation and enhanced liveability. By partnering with city administrators and applying expertise from around the world to urban ecosystems, we can put the best of Citi to work in your city.Explore these and other milestones in our
One of the greatest engineering feats in human history, the Panama Canal saves 15,000 ships a year an 8,000 mile detour. At the request of President Theodore Roosevelt, Citi played a central part in financing the canal — encouraging international trade and expanding the global economy.Learn more about our heritage
access to money.
In 2011, Citi teamed up with Google and MasterCard PayPass® to pioneer Google Wallet. Google Wallet stores your Citi MasterCard information so you can simply tap your phone wherever PayPass is accepted. It's a step forward in making our vision for mobile payments a reality and part of our drive to become the world's digital bank.Explore these and other milestones in our
Citi recognized people's growing need to bank outside traditional banking hours, and in 1977 pioneered its first ATM in Queens, N.Y. Today, 90% of the world's population is within a 15-minute walk of an ATM, and "banker's hours" is an archaic term. Citi operates over 26,000 ATMs around the world.
Citi's global network
across the world.
Empowering Africans with financial services is a critical step in the continent's development. That's why Citi is working to improve access to banking across Africa. So far, over 100 million people have benefited from partnerships with telecommunications providers. And, we've helped Africa-based NGOs use mobile payment technology for cash-disbursement.Explore these and other milestones in our
Three weeks. That's how long it took to deliver a message from New York to London in 1865, assuming there was smooth sailing. That changed a year later with the laying of the Transatlantic Cable, a Citi-funded venture that meant messages could be transmitted between continents in minutes. And what once required crossing an ocean now only took a few keystrokes.Learn more about our heritage
Citi supports, helps and
around the world.
The future is here with Citi Smart Banking. It's an integrated experience with workstation access to online banking. Customers can see market information on wall displays and even get customer service via video chat. Citi believes that, in the future, successful banks provide customized value to clients in the simplest way. So that's exactly what we created.Explore these and other milestones in our
People's exploration into space has awed and inspired for generations. Citi is a lead lender to a joint venture between Citi and the operators of the shuttle launch. It is also the lead arranger to the partnership responsible for the heavy-lift launch vehicles.Learn more about our heritage
Citi pioneers new
ways to bank.
These days, the word "modern" is synonymous with "mobile" — people are using tablets and devices more than ever before. That's why Citi is creating new ways to engage with our customers while on-the-go. Citibank's mobile app offers an engaging mobile banking experience. And the Citi® News App offers investor information right at your fingertips.Explore these and other milestones in our
Banking was once reserved for the wealthy — the rest of us had mattresses. But to attract new customers, Citi pioneered the concept of paying interest on every saving account, even small ones. In 1921, you could earn compounded interest on balances as small as $5. This encouraged everyone, no matter how modest their income, to open savings accounts.Learn more about our heritage
Citi explores new ways
to serve customers.
At Citi, we know that aiming to be the world's leading digital bank means staying ahead of the curve. That's why we've entered into an agreement with IBM to explore how Watson technologies can help advance customer interactions. By using the deep content analysis and learning capabilities found in IBM Watson, we're on the road to simplified banking services – and more intuitive branch experiences.Explore these and other milestones in our
In the 1890s, most Chinese citizens were lighting their homes with kerosene lamps. John Rockefeller saw an opportunity to bring oil to foreign shores, but moving money between countries was difficult. Citi created a foreign exchange department, and Rockefeller opened an office in Shanghai. Soon, Citi clients could move money to any industrialized city in 24 hours.Learn more about our heritage
Citi helps build the
a global network.
In Asia Pacific, Citi Transaction Services has innovated a new way to engage with institutional clients: the new Citi Innovation Lab. It uses new web, mobile, supply chain and analytics technologies for a fully interactive globally linked experience. The result? Solutions that may have taken weeks are now being completed in a matter of days or hours.Explore these and other milestones in our
CTS is known as the lifeblood of global commerce — it manages financial transactions seamlessly across 96+ countries around the world, 365 days a year. Through CTS, Citi enables 93 percent of Fortune 500 companies to move $3 trillion a day throughout the world — quickly, seamlessly and reliably.
Citi helps communities
and peacekeepers stay
focused on the future.
Building on Citi's 40-year history of philanthropic and technical support, Citi Microfinance focuses on developing commercial relationships with microfinance institutions, networks and investors around the globe. The goal? To expand access to financial services for the underbanked and build sustainable economies across the world.View Citi's YouTube channel for
Peacekeepers frequently find themselves serving in very unsettled, and sometimes remote, locations. These places are often without banking services, and the difficulty of delivering payroll and vendor payments to such areas can impede the peacekeepers' work in bringing stability. Using our global financial network, Citi has been able to provide payment services in many challenging situations.Learn more about our heritage
Citi is committed to
These days, we're all doing what we can to be a little bit greener. At Citi, we also see environmental sustainability as good business practice. That's why we're reducing our total environmental footprint — energy use, fuel consumption, water use and waste — across operations. Because we believe that the city of the future should be a greener place for everyone.Explore these and other milestones in our
Powering the world's cities was once a fairly dirty task. But at Citi, our vision of the future is clean and green. In 2007 Citi set a goal to direct $50 billion over 10 years to activities that mitigate climate change. So far, we've invested in wind-energy initiatives and solar power systems, reducing electricity use and promoting clean technology.Learn more about our heritage