For Immediate Release
Citigroup Inc. (NYSE: C)
February 28, 2011

Airports of Thailand Selects Citi Commercial Cards for Expense Management Efficiency

Bangkok – Citi Thailand was recently appointed by Airports of Thailand Public Company Limited (AOT) to offer its Commercial Cards to AOT frequent traveler executives, in an effort to better manage AOT's travel and entertainment (T&E) expenditure. Citi Commercial Cards is the first card-based expense management solution provided for Thailand's public airport sector.

Peter Eliot, Thailand Country Head and Citi Country Officer, said: "We are pleased to receive this mandate from AOT, and we view this deal as the foundation for our long-term partnership. Citi's well-recognized global expertise in expense solutions for public sectors and organizations will enable us to provide superior expense management to AOT. AOT will be able to enhance its expense transparency and better manage exposure and spending. Moreover, AOT can be assured that with Citi Thailand's dedicated customer services team, their specific needs will be met, 24 hours a day, seven days a week."

Serirat Prasutanond, CEO of AOT, said: "We always strive to improve organizational efficiency and accountability as a well-respected, listed company with good corporate governance. Citi Commercial Cards will be a useful tool for us to enhance our expense management efficiency and transparency. We hope to gain market-leading solutions with Citi's global expertise."

Citi Commercial Cards will provide AOT with comprehensive, customized and online consolidated statements for expense analysis. Citi's state-of-the-art technology will seamlessly integrate card transaction data into AOT's expense management systems, including SAP and Oracle.

Key benefits of Citi Commercial Cards for AOT include:

  • Real-time spend visibility and reporting through multiple expense control options
  • Limited exposure by user
  • Simplified and automated travel, entertainment expenditure management & reconciliation
  • Dedicated customer service team 24 hours a day
  • Paperless work environment through consolidated e-statements

More than 2,000 corporate clients across 90 countries globally have selected Citi Commercial Cards as their preferred expense cards, leveraging Citi's exemplary customer service infrastructure, experience in addressing various sector specific needs and ability to provide tailor-made solutions.

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, 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. Additional information may be found at or