FOR IMMEDIATE RELEASE
February 02, 2000
Citibank Raises Base Rate
New York
Citibank said today it has raised its base lending rate from 8.50% to 8.75% effective Thursday, Feb. 3.
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Citibank is part of Citigroup (NYSE:C), the world's most global financial services organization. Citigroup's consumer businesses cover a broad range of financial services in 57 countries – retail and private banking, credit and charge cards, mortgage lending, consumer lending, personal financial planning, personal insurance and investment brokerage and counseling. These services are marketed through Citibank, CitiFinancial (formerly Commercial Credit), Primerica, Travelers Life & Annuity and Travelers Property Casualty.
Today Citigroup serves over 100 million consumers, businesses, governments and financial institutions in more than 100 countries and territories.
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