FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C)
Citi Celebrates Official Inauguration of Guyana Office at Ceremony with his Excellency Dr. Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana
HIGHLIGHTS
- Citi has opened a new representative office in Guyana, providing clients with on-the-ground support and world-class financial expertise to foster the nation's economic transformation and significant infrastructure development
- This expansion solidifies Citi's role as the preeminent banking partner for institutions with cross-border needs, commemorating Citi's formal entry into one of the world's fastest-growing economies
- The new office opens a door between Guyana and the international financial architecture, enabling capital flow, partnership-building, and new opportunities for businesses and investors in one of the world's fastest-growing economies
GEORGETOWN, GUYANA – Citi marked the official inauguration of its new representative office in Guyana, celebrating its commitment to the nation’s economic progress at a reception hosted at the residence of Her Excellency Nicole D. Theriot, United States Ambassador to the Cooperative Republic of Guyana and CARICOM.
The event was honored by the presence of His Excellency Dr. Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana; The Honourable Brigadier Retired Mark Phillips, Prime Minister of the Cooperative Republic of Guyana, and brought together key leaders from Guyana's and the Region public and private sectors to commemorate Citi's formal entry into one of the world's fastest-growing economies.
This inauguration solidifies Citi’s strategy to be the preeminent banking partner for institutions with cross-border needs, providing on-the-ground support in Guyana. The new office will connect clients to Citi's unparalleled global network and deliver world-class financial expertise to support the country's significant infrastructure and development projects.
Guyana is emerging as one of the most dynamic markets in the region, creating significant opportunities for businesses, investors and institutions. With dedicated local coverage and Citi’s unparalleled global network, we are well positioned to support our clients as they expand, attract investment and participate in the country’s economic transformation. We are proud to establish a stronger presence in Guyana and to partner with our clients as they help shape the country’s future."
The government of Guyana welcomed the inauguration as a key milestone in the nation's development and its integration with the global financial system.
"The official inauguration of Citi's office in Guyana is a powerful symbol of the growing international confidence in our country's economic stewardship," said His Excellency, Dr. Mohamed Irfaan Ali, “This event signifies more than just the opening of an office. It marks the opening of a door. A door between Guyana and the entire international financial architecture. A door through which capital can flow, ideas can travel, partnerships can be built, and opportunities can be created”.