Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions, and is one of the best-capitalized banks in the world. 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.
In Latin America, Citi has gained a prominent position in the financial-services industry since 1904, when it started operations in Panama, through the International Banking Corporation. In 1914, Citi opened its first international branch in Buenos Aires, Argentina, also marking the first foreign-established branch of any nationally chartered U.S. bank and, shortly after, opened another in Rio de Janeiro, Brazil.
Citi Latin America CEO Jane Fraser oversees Citi's operations in the region, which has the broadest presence of any financial institution in Latin America, with franchises in 23 countries. Citi's geographic coverage spans across Argentina, Aruba, Bahamas, Barbados, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, Puerto Rico, Trinidad and Tobago, Uruguay and Venezuela.
Citi's main business lines in Latin America are: