Citi's presence in Thailand started in 1967 with a 50-percent equity stake in Bangkok First Investment Trust. Two years later, First National City Finance was formed. In 1984, Citi acquired the Mercantile Bank in Thailand to obtain a full banking license, and the Citibank name was formally registered on November 1, 1985.
Citi is Thailand's largest and most diversified foreign bank, offering a full range of banking services across consumer, corporate, investment and private banking. Citi's major commercial banking businesses include foreign exchange and treasury, cash management, trade finance, custodian services, lending, securitization, and capital markets. On the consumer side, we are the leader in credit card, Ready Credit (cash product), personal loan and wealth management.
Today, Citi serves more than one million customers across its local, international and retail businesses. The bank operates under three branches with the main office located at 399 Sukhumvit Road, Interchange 21 Building, under the name Citibank, N.A.
Citi Thailand's staff is 99 percent Thai.