Citi's history in the Philippines dates back to 1902, when its predecessor, the International Banking Corporation, first established a branch in Manila.
As the largest foreign bank in the Philippines, Citi proudly serves the local business community, providing corporate and investment banking, treasury and trade solutions, and markets and securities services for the public sector, top-tier Filipino corporations, multinationals and financial institutions operating in the country.
Offering a full suite of products and services spanning from day-to-day working capital and treasury management solutions to financial advisory and long-term debt and equity capital raising, Citi's corporate and investment banking platform has helped propel growth for institutional clients in the country and across the globe. The team acts as the 'one stop window' for institutional clients to partner with Citi across products and geographies, crucially helping multinational clients expand in the Philippines and local clients expand domestically as well as around the globe. Citi's capital markets and advisory services are offered through its affiliate Citicorp Capital Philippines Inc.
Citi has a best-in-class Markets and Securities Services business. It provides market-making, sales and structuring services in foreign exchange, fixed income, commodities products and their derivatives, and a full range of custody and administration services to investors, intermediaries and issuers. Citi's Treasury and Trade Services delivers the most complete and advanced range of cash management and trade solutions in the country.
With an enviable track record for innovation and customer service, Citi in the Philippines is an acknowledged leader in consumer banking. It is the financial partner of choice of the country's mass affluent consumers and offers a full range of world-class banking products and services covering retail loans and deposits, personal investments, insurance, consumer branch services and lifestyle convenience products and services such as credit cards and Citigold Wealth Management banking. Citi operates full-service Citibank branches in key locations in Metro Manila and Metro Cebu.
The organization is also recognized as the pioneer in business process outsourcing. It is home to a growing hub of Citi Service Centers that provide a wide range of voice and non-voice services to Citi affiliates, subsidiaries and branches in the Asia Pacific, Europe, Middle East and Africa, North America and Latin America regions. Through Citigroup Business Process Solutions, it provides customer sales and service, and other client-based support services to various Citi operations. With Citibank Regional Operating Headquarters, it is the hub for more than 20 Centers of Excellence and delivers a wide array of financial, technology, and training services among others to Citi affiliates, subsidiaries and branches in more than 70 countries.
Citi consistently ranks among the top 10 commercial banks in the Philippines – the only foreign bank to enjoy this distinction.
For more information, visit www.citibank.com.ph.