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Press Room
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Citigroup Inc. (NYSE: C)
March 27, 2008
 
Poland: Citi Handlowy Sponsors "Banks in Action — Entrepreneurship Day"
 
Over 350 students will visit Citi Handlowy as part of the Entrepreneurship Day to learn the principles of the banking industry. The deadline for submitting applications to the Entrepreneurship Day Program, organized for the fifth time by the Junior Achievement Foundation under the honorary patronage of the Chancellery of the President of the Republic of Poland, was March 27, 2008.
 
The "Banks in Action – Entrepreneurship Day" project is part of the broader "Banks in Action" program, addressed to secondary school students and implemented by the Kronenberg Foundation and the Junior Achievement Foundation. On April 3, secondary school students from all over Poland will be able to find out what it is like to work in a bank. Citi Handlowy's employees invited 350 teenagers to their workplace to show young people the specifics of their work.
 
"Citi Handlowy actively supports educational activities and strives to be the employer of choice. That is why I'm very happy that there is such a great interest in the proposals offered by Citi Handlowy – our employees will have as many as 350 students as their guests," said Sławomir S. Sikora, CEO of Citi Handlowy.
 
"The 'Entrepreneurship Day' gives young people an opportunity to learn the specifics of a given job and compare their ideas with the reality. Thanks to the project, students can discover their talents and spend some time with a company they would like to work for in the future," said Sonia Wędrychowicz-Horbatowska, Vice President of Citi Handlowy and Chairperson of the Board of Directors of the Junior Achievement Foundation.
 
The aim of the program is to educate students on how commercial banks operate. It is a kind of business management training program which helps young people to develop such skills as strategic management, analytical thinking, financial analysis and decision making. It also raises general awareness of how the banking industry works.
 
The main element of the program is an English-version computer simulation called "Banks in Action," putting students at the controls of a commercial bank. During the simulation bank teams set interest rates for loans and deposits to maintain a balance between expenses and revenues of their companies. The financial result of their bank is also affected by the level of expenditures for marketing and research and development.
 
 
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Citi
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