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Russia
Citi continues to reduce its operations and exposure to Russia
Citi will be ending nearly all of the institutional banking services in Russia by the end of 1Q2023. Citi’s only operations in Russia will be those necessary to fulfill its remaining legal and regulatory obligations. In August 2022, Citi announced the wind down of its Russia consumer and local CCB including the pursuit of portfolio sales and in October 2022 Citi announced that AO Citibank has agreed to sell a portfolio of ruble-denominated personal installment loans to Uralsib, a Russian commercial bank. Citi has also agreed to transfer to Uralsib a portfolio of ruble-denominated credit card balances, subject to customer consents.
Country Leadership
Maria Ivanova
President, Chairman of the Management Board, AO Citibank
Media
First and Last/Surname: Anna Samokhvalova
Title: Public Affairs Head for Russia
Email Address: anna.samokhvalova@citi.com
Address
6 Gasheka Street
125047 Moscow
Russia
8-10 bld. 1 Gasheka Street
125047 Moscow
Russia
Obrucheva street 30/1 build 2
117485 Moscow
Russia
5 Italyanskaya street
191186 St. Petersburg
Russia
Proyezd Yablochkova 4b
390023 Ryazan
Russia
Keep Exploring
History Of Citi Russia
1992
Citi opens representative office in Moscow among the 1st international banks
1993
1993-1994 – Citi obtains a banking license and opens 1st branch in Moscow to serve corporate clients
2002
Citi launches consumer business, 1st to introduce 24/7 remote service including internet banking, 1st to bring cash-in ATMs
2005
2005-2007 – Citi rapidly expands to the largest cities of Russia
2008
Citi opens operations center in Ryazan
2010
Citi celebrates 1mln retail clients milestone
2018
Citi moves to the digital business model
2022
2000-2022 – Forbes magazine recognizes Citi one of the best reliable banks in Russia (for the 12 years in a row)
Recent Awards and Recognition
Euromoney
Nominated for “Leaders of Corporate Philanthropy”
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