Citi first established a presence in South Africa in 1958 and re-entered the country with a representative office that was converted to a full branch in July 1995. Since then, we have grown to become the country's largest foreign bank and the sixth largest commercial bank, with capital and reserves representing over one quarter of the capital of all foreign banks operating in the country.
We provide a broad range of financial products and services, including corporate finance, cash management, corporate and investment banking and also treasury services such as foreign exchange, derivatives and trade finance to large local corporations and multinationals. Citi Global Markets Pty Ltd is Citi's equities trading arm in South Africa, which commenced business in July 2001 and now commands a healthy market share.
We have three branches in South Africa; Johannesburg, Cape Town and Durban.
We are committed to the economic transformation process in South Africa, which incorporates market opportunities and growing customer segments. We recognize that by embracing a philosophy of Black Economic Empowerment, we have the opportunity to play a significant role in the upliftment of historically disadvantaged communities. Citi has received an A rating on its audited BEE Scorecard from the Financial Sector Charter Council.
Citi's Awards Spotlight
Citibank South Africa has won EMEA Finance's Best Foreign Bank in South Africa and Best Foreign Investment Bank in South Africa awards for 2012.
This is the third consecutive year that the Citibank South Africa has received the award for the Best Foreign Bank in South Africa. It is the only foreign bank to be recognized with this award as well.
Citi Africa has won the following awards:
- Euromoney Cash Management Survey 2015 - Best Regional Cash Management Bank for Africa
- Euromoney Awards for Excellence 2015 - Best Investment Bank in Africa and Best Equity House in Africa
- Global Finance 2015 - Best Institutional Digital Bank in South Africa
- The Banker - Deals of the Year 2013
Infrastructure and project finance
Winner: $191m financing of district hospitals for the Ghanaian government
Mandated lead arrangers: Barclays, Citi, JPMorgan
Winner: Skye Bank $150m future flow securitization, Nigeria
Bookrunners: Afrexim, Citi, Standard Bank
Winner: Lonmin $817m rights issue, South Africa
Bookrunners: Citi, HSBC, JPMorgan, Standard Bank
- Best bank in Algeria
- Best investment bank in Kenya
- Best foreign bank in Nigeria
- Best foreign investment bank in Nigeria
- Best bank in Zambia
- Best investment bank in Zambia
Visit the Citi South Africa website at http://www.citi.com/southafrica
If you are interested in career opportunities at Citi, click: http://careers.citigroup.com/Careers/Default.jsp
For More Information:
Fax: +27 (0)21 419 4809
Fax: +27 (0)11 666 8871
Fax: +27 11 944 0856