Poland: Citi Handlowy Raises Interest Rates on T-Lokata Online Term Deposits

Warsaw – Citi Handlowy has introduced a new interest rate on its online term deposit called T-Lokata. Customers who have a Citibank Personal Account and use online banking services can now enjoy a higher return on a fixed T-Lokata – even up to 6.20% per annum. "We consistently react to the market needs and expectations of our customers. We already offer our customers unlimited access to money kept in the high-yield Citibank Savings Account and now we are giving them one of the highest term deposit interest rates in the market. Additionally, for a few years now, Citi Handlowy has been offering a wide range of insurance and investment products, including products with 100% capital guarantee, to customers who are looking for even higher returns," said Remigiusz Holdys, who is responsible for personal accounts and deposits at Citi Handlowy.

T-Lokata with Citi Handlowy can be opened individually by each Citibank Online user who has a Citibank Personal Account. The new interest rate on a six-month T-Lokata is now 5.50% per annum. A nine-month T-Lokata pays 5.75% interest per annum and the rate of return on a 12- month T-Lokata is as much as 6.20% per annum. The minimum investment amount required to open T-Lokata is only PLN 1000. To open an online term deposit the customer needs to log into the system and select "Term Deposits" option from the left-hand menu. "For this reason it is good to have a personal account with Citi Handlowy. The new interest rate on T-Lokata makes our offer of savings products even more attractive. Moreover, we regularly expand it with new innovative services, such as the most recently launched "Save Your Change" program and "Send Cash" service. Thanks to this our customers can be sure that they use competitive and state-of-the-art financial solutions," adds Remigiusz Holdys.

Deposits made with Citi Handlowy (Bank Handlowy w Warszawie S.A.) are guaranteed by the Bank Guarantee Fund. Interest Rate Tables are available at www.online.citibank.pl.

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.

Bank Handlowy
Bank Handlowy w Warszawie S.A. is one of the major financial institutions in Poland and offers under the Citi Handlowy brand a broad range of state-of-the-art products in corporate, investment and consumer banking. Through its modern distribution channels and a network of over 188 branches, Bank Handlowy services 20,000 corporate customers and 800,000 individual ones. The Bank's group includes Dom Maklerski Banku Handlowego (brokerage house) and Handlowy Leasing. Being a member of Citi enables the customers of Bank Handlowy access to financial services provided in over 100 countries. Further information is available at www.citihandlowy.pl.