Citi became one of the first foreign banks to have a presence in Korea, in 1967. Now, it is the only global bank with a local scale, with extensive corporate clients, and a full-scale consumer franchise in Korea. Citibank Korea Inc. (CKI) was formed on November 1, 2004, after the acquisition of KorAm Bank.
CKI has a nationwide branch network and serves 4.5 million customers. CKI, the most strongly capitalized and the most liquid bank in Korea, is composed of Institutional Clients Group, Retail, Commercial Bank and Cards businesses.
Citigroup Global Markets Korea Securities Ltd. (CGMK) provides institutional clients with corporate and investment banking services & products.
For the fiscal year 2017, Citibank Korea reported total revenue of KRW 1,205.9 billion.
Citi Korea(CKI) is proactively engaged in community services nationwide in Korea through partnerships with NGOs and universities, and by active participation of CKI volunteers. Citi's corporate social responsibility has been focused on four key areas: 1) financial capability and next generation education, 2) women and diversity, 3) building communities, and 4) environment and volunteerism. Citi is involved with the following:
Best bank /Best equity house (2016, 2017)
Digital Bank of the Year in Korea (2017)
Best corporate and institutional bank (2016)
Global Finance Magazine
Best digital bank - Corporate/Institutional Banking (2016, 2017)
Best Consumer Digital Bank in Asia Pacific – Korea (2017)
Best Foreign Bank (2016, 2017)
Korea Multimedia Technology Award
Minister of Science, ICT and Future Planning Award - NEW Citi Mobile app (2017)
Asian Banking & Finance
Mobile Banking Initiative of the Year for Korea (2017)