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Taiwan
Citi is proud to have had a strong presence in Taiwan since the opening of our first branch in 1965. In 2007, Citi’s subsidiary – Citibank Taiwan Ltd. acquired Bank of Overseas Chinese. The acquisition creates a combined business with 66 branches and 5,800 employees. Citi is the most premier and profitable foreign bank in Taiwan. Citi Taiwan 2007 pre-tax earnings are NTD 13.257 Billion. Citi Taiwan's outstanding performance is recognized by Finance Asia as the Best Foreign Commercial Bank in Taiwan for 11th years. Common Wealth Magazine also recognizes Citibank as The Most Respected Bank in Taiwan for 13th years consecutively. Citi Consumer Banking leads the market by pioneering wealth management banking in Taiwan. Supported by the strong research capabilities of Citi, wealth management product selection ranges from savings accounts, local and multi-currency deposits, option-linked time deposits, to premium deposits and a variety of mutual funds, such as bond funds, equity funds, overseas straight bonds and U.S. stock brokerage. The concept of wealth management is a move from priority transaction services into personalized, comprehensive financial planning, taking Taiwan's banking services to a new level. Citi Markets and Banking provides top tier local corporations, multinational companies, emerging local corporations, local financial institutions, and qualified foreign institutional investors with a full range of value added local and cross border products and services. Core business operations include treasury, underwriting, corporate lending, structured finance, transaction services, e-solution, custodian services and deposit services. As an established leader in the global financial services industry, Citi believes in its responsibility to the Taiwan community and to the global community as well. Since 1995, Citi has been actively involved in both education and community development in Taiwan, sponsoring many programs such as the Elementary School Financial Education, Dollars and Sense-senior high school financial education program, Citi Success Fund for outstanding English teachers, Citibank/United Way Fund Raising, , University Lecture Series, EduCities "School for All" Program, “Citi Global Community Day” and first-launched “Citi Environment Month” etc. These programs have been well received by the public and demonstrate Citi’s long-term commitment to the community in which it lives and runs its businesses. In 2007, Citi Taiwan is awarded the first place of Corporate Social Responsibility Award by Global Views Monthly Magazine. And being award the Best Corporate Citizen Award (2nd Place) by Common Wealth Magazine in 2007~2008, both of which recognized Citi Taiwan’s long-term commitment to a series of community programs. Citi Taiwan Chinese English |
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