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FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 04, 2008
Banamex USA Opens New Branch in Calexico
Los Angeles CA Banamex USA announces the inauguration of its newest branch in Calexico, California, now open to serve its clients with all their banking and financial needs.
With the opening of this new branch, Banamex USA will provide its clients the same quality service associated with Banamex in Mexico and Citibank (Banamex USA) in the United States.
At this new Banamex USA branch, clients will find a professional and efficient solution to their personal and business needs on both sides of the border.
Ernesto Torres Cantú, Banamex's Corporate Director, said, "Banamex USA offers many services. For example, our clients – for both banks – are not subject to fees for operations such as transfers between accounts (neither checking nor savings), nor for money transfers. Our clients may also make payments to their Citibank (Banamex USA) credit cards or cash checks either in equivalent dollar amounts or in pesos at a special preferential rate. They may even request to open CBB/Banamex USA accounts in any Banamex branch."
Salvador Villar, President and CEO of Citibank (Banamex USA) said, "At both Banamex and Banamex USA we truly value the relationship with each one of our clients. Today we reiterate our commitment to continue offering all the banking and financial services to each one of our clients, ensuring the professionalism and courtesy that have always characterized Banamex USA."
The new Banamex USA branch in Calexico, California contains ATMs that allow its clients access to their accounts 24 hours a day, seven days a week.
The opening of this new Banamex USA branch in Calexico is indicative of the growth of the bank, and undoubtedly reflects the interest and commitment the bank has towards the community to serve all of its residents.
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Citi
Citi, the leading global financial services company, has approx. 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credits, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at www.citigroup.com or www.citi.com.
Grupo Financiero Banamex
Grupo Financiero Banamex is a member of Citi, and is the leading financial group in Mexico with Banco Nacional de Mexico (Banamex), founded in 1884. Through its affiliates, the group maintains a preeminent position on the country's financial markets, including deposits, consumption financing, handling of investment societies and funds' resources for retirement, secure banking, pensions and stock exchange brokerage. The group has an extensive distribution network of more than 1,615 branches and 6,695 ATM's located nationwide. For more information, visit www.banamex.com.
References to 'Banamex USA' are references to Citibank (Banamex USA) or branches operated by Citibank (Banamex USA).
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