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FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
May 02, 2008
Citibank Slovakia Announces Unikasa Cash Payment Network Partnership
Bratislava Citibank Slovakia had announced today that the Unikasa cash payment network is available also for customers of Podtatranská vodárenská prevádzková spolocnost, a.s. and Stredoslovenská vodárenská prevádzková spolocnost, a.s. Customers can find Unikasa in 1,800 Coop Jednota stores throughout Slovakia and it offers an attractive way of paying bills and invoices from 19 large companies including Allianz – Slovenská poistovna, a.s., AVON Cosmetics, spol. s r.o., CitiFinancial, a division of Citibank (Slovakia) a.s., Home Credit Slovakia, a.s., Liptovská vodárenská spolocnost, a.s., Orange Slovensko, a.s., ORIFLAME SLOVAKIA s.r.o., Q B E poistovna, a.s., Slovak Telekom, a.s., Stredoslovenská energetika, a.s., T-Mobile Slovensko, a.s., Trencianska vodohospodárska spolocnost, a.s., Turcianska vodárenská spolocnost, a.s., Union poistovna, a. s., UPC BROADBAND SLOVAKIA, s.r.o., Východoslovenská energetika a.s., and Západoslovenská energetika a.s.
"The major benefit of Unikasa is a quick, easy and comfortable way of payments almost anywhere in Slovakia. Jointly with partner network expansion, we have prepared a marketing campaign to promote the Unikasa brand and we continue in distribution network enlargement as well," said Marian Capla, head of the Cash Management and e-Banking Department in Citibank (Slovakia), a.s.
Unikasa allows individuals to pay invoices for utility services such as electricity, cable television, insurance premiums or phone bills in a convenient and simple manner. The payee simply has to show the invoice to the cashier. The cashier then scans the invoice's bar code, the payment is registered in the system and confirmed through a receipt and the payer pays in cash or with a credit/debit card. The Unikasa system is cost effective, convenient, as it is available during the extended hours of the retail locations, and quicker than other payment methods. Unikasa is available to anyone and the payer does not need to be a Citi client.
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Citi
Citi, the leading global financial services company, has some 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 credit, 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.
Certain statements in this document are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citi's filings with the Securities and Exchange Commission.
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