Citi is the leading foreign bank in Vietnam with branches in Hanoi and Ho Chi Minh City and a nationwide partnership network that covers all of Vietnam's 64 provinces. Citi offers the full range of banking services in Vietnam including retail banking, corporate banking, investment banking and transaction services, which include trade, cash management and securities services.
Citi combines its global presence and resources along with the large local footprint to offer innovative solutions to meet the evolving needs of our clients both in Vietnam and those looking to invest in Vietnam.
In 2011, Citi was awarded Best Foreign Investment Bank in Vietnam by The Asset Triple A magazine and FinanceAsia and Best Consumer Internet Bank in Vietnam by Global Custodian. It was also recognized for other awards, including Best Foreign Bank in Vietnam, Best Cash Management and Treasury Bank, Best Sub-Custodian Bank, and Best e-banking platforms, Best Banking Services and Best Cash Management Bank in Vietnam.
Citi resumed operations in Vietnam in 1993 and has played a key role in assisting in the development of Vietnam's financial markets.
Citi was the first U.S. financial institution to receive a branch license in 1994 and the first U.S. bank to open a full branch in Hanoi in 1994. Citi was the first bank to launch Internet banking in Vietnam in 2001.