History

Citi first established a presence in South Africa in 1958 and re-entered the country with a representative office that was converted to a full branch in July 1995. Since then, we have grown to become the country's largest foreign bank and the sixth largest commercial bank, with capital and reserves representing over one quarter of the capital of all foreign banks operating in the country.

Businesses

We provide a broad range of financial products and services, including corporate finance, cash management, corporate and investment banking and also treasury services such as foreign exchange, derivatives and trade finance to large local corporations and multinationals. Citi Global Markets Pty Ltd is Citi's equities trading arm in South Africa, which commenced business in July 2001 and now commands a healthy market share.

We have three branches in South Africa; Johannesburg, Cape Town and Durban.

We are committed to the economic transformation process in South Africa, which incorporates market opportunities and growing customer segments. We recognize that by embracing a philosophy of Black Economic Empowerment, we have the opportunity to play a significant role in the upliftment of historically disadvantaged communities. Citi has received an A rating on its audited BEE Scorecard from the Financial Sector Charter Council.

Citi's Awards Spotlight

Citibank South Africa has won EMEA Finance's Best Foreign Bank in South Africa and Best Foreign Investment Bank in South Africa awards for 2012.

This is the third consecutive year that the Citibank South Africa has received the award for the Best Foreign Bank in South Africa. It is the only foreign bank to be recognized with this award as well.

Citi Africa has won the following awards:

  • Euromoney Cash Management Survey 2015 - Best Regional Cash Management Bank for Africa
  • Euromoney Awards for Excellence 2015 - Best Investment Bank in Africa and Best Equity House in Africa
  • Global Finance 2015 - Best Institutional Digital Bank in South Africa
  • The Banker - Deals of the Year 2013
    Infrastructure and project finance
    Winner: $191m financing of district hospitals for the Ghanaian government
    Mandated lead arrangers: Barclays, Citi, JPMorgan

    Securitization
    Winner: Skye Bank $150m future flow securitization, Nigeria
    Bookrunners: Afrexim, Citi, Standard Bank

    Equities
    Winner: Lonmin $817m rights issue, South Africa
    Bookrunners: Citi, HSBC, JPMorgan, Standard Bank
  • Best bank in Algeria
  • Best investment bank in Kenya
  • Best foreign bank in Nigeria
  • Best foreign investment bank in Nigeria
  • Best bank in Zambia
  • Best investment bank in Zambia

Further Information

Visit the Citi South Africa website at http://www.citi.com/southafrica

If you are interested in career opportunities at Citi, click: http://careers.citigroup.com/Careers/Default.jsp

For More Information:
Megs Pillay
Public Affairs Officer
Phone: +27 (0)11 944 0069
Email: Magashini.pillay@citi.com
Address:
Cape Town
9th Floor
Cape Town Convention Tower
Cnr Walter Sisulu and Heerengracht Street
Foreshore
Cape Town
8001
Phone: +27 (0)21 446 8400
Fax: +27 (0)21 419 4809
Address:
Durban
Suite 703
Strauss Daly Place
41 Richefond Circle
Ridgeside Office Park
Umhlanga Ridge
Durban
4319
Phone: +27 (0)31 536 3920
Fax: +27 (0)11 666 8871
Address:
Johannesburg
145 West Street
Sandown
Sandton
P.O. Box 1800, Saxonwold, 2132
Phone: +27 11 944 0000
Fax: +27 11 944 0856