• Short Name: Citi

• Address: 399 Park Avenue

• Phone: 1-212-5591000

• Fax: 1-212-7933946

• City: New York

• State: New York

• Zip Code: 10043

• Country: United States

• Website: http://www.citigroup.com/

• Contact: Edward Chavesedward.chaves@citigroup.com

• Regional Presence: Chile, Argentina, Peru, Ecuador, Brazil, Mexico, Colombia, Venezuela, Costa Rica, Puerto Rico, Uruguay, Dominican R., Bolivia, Paraguay, El Salvador, Guatemala, Haiti, Honduras, Panama, United States, Barbados, Jamaica, Trinidad & Tobago, Canada, Bahamas, Cayman Is.

Description:

Citi a financial services holding Co., operates in four business segments: investment services; consumer financial services; property and casualty insurance services; and life insurance services. Citigroup is present in 24 countries in Latin America and the Caribbean.

Last Update: Thursday, June 12, 2008

Research by: María José Arredondo

Related News & Research:

Related News

• Private pension assets rise 9.9% end-November Ins 05/Jan/09 - Colombia
• State-sponsored AFP bill seen delayed until March 2009 Ins 29/Dec/08 - Chile
• Ratings roundup: Banamex, Crédito y Casa, Ford Credit Bank 29/Dec/08 - Mexico
• New Citi-Banco de Chile pact not having any effect on AFP Habitat deal Ins 23/Dec/08 - Chile
• Citi amends deal with Banco de Chile Bank 22/Dec/08 - Chile
• Ratings roundup: Banamex, Banco Inbursa, Banco Invex Bank 22/Dec/08 - Mexico
• AFP Habitat to lower commissions starting February 1, 2009 Ins 19/Dec/08 - Chile
• CEF, Citi sign remittance partnership Bank 18/Dec/08 - Brazil
• Afore Bancomer ups forecast on voluntary pension savings for 2008 Ins 11/Dec/08 - Mexico
• Citi unit appoints CEO Bank 11/Dec/08 - Costa Rica

Related News & Research

Related News

• Private pension assets rise 9.9% end-November Ins 05/Jan/09 - Colombia
• State-sponsored AFP bill seen delayed until March 2009 Ins 29/Dec/08 - Chile
• Ratings roundup: Banamex, Crédito y Casa, Ford Credit Bank 29/Dec/08 - Mexico
• New Citi-Banco de Chile pact not having any effect on AFP Habitat deal Ins 23/Dec/08 - Chile
• Citi amends deal with Banco de Chile Bank 22/Dec/08 - Chile
• Ratings roundup: Banamex, Banco Inbursa, Banco Invex Bank 22/Dec/08 - Mexico
• AFP Habitat to lower commissions starting February 1, 2009 Ins 19/Dec/08 - Chile
• CEF, Citi sign remittance partnership Bank 18/Dec/08 - Brazil
• Afore Bancomer ups forecast on voluntary pension savings for 2008 Ins 11/Dec/08 - Mexico
• Citi unit appoints CEO Bank 11/Dec/08 - Costa Rica
• Feller rates Banco de Chile US$483mn bonds at AA Bank 10/Dec/08 - Chile
• Uribe urges creation of multifunds in pension system Ins 04/Dec/08 - Colombia
• AFP Cuprum halts interim dividend payment Ins 04/Dec/08 - Chile
• Santander GBM downgrades Banco de Chile to hold Bank 02/Dec/08 - Chile
• Fitch rates Banco de Chile US$480mn subordinated bonds Bank 02/Dec/08 - Chile
• Pension assets rise 9.68% at end-October Ins 01/Dec/08 - Colombia
• Private sector credit growth slows to 9.7% at end-September Bank 24/Nov/08 - Mexico
• Government aids troubled Citi with US$306bn in guarantees Bank 24/Nov/08 - Regional
• Citi pension unit halts interim dividend payment Ins 21/Nov/08 - Chile
• Citi reaffirms local growth plans Bank 20/Nov/08 - Brazil
• Association: October marks all-time low for AFP funds but won't be repeated Ins 19/Nov/08 - Chile
• ING: Pension asset prices to recover in 12-24 months Ins 18/Nov/08 - Chile
• Board member says Banco de Chile may cut cash dividend Bank 18/Nov/08 - Chile
• Citi: Job cuts will affect Latin America Bank 17/Nov/08 - Regional
• AFPs assets fall below US$70bn mark end-October Ins 10/Nov/08 - Chile
• IDB trade finance program closes 1st deals with Interbanco Bank 07/Nov/08 - Paraguay
• AFPs January-September profits down 90% Ins 07/Nov/08 - Chile
• Pension assets rise 17.9% end-September Ins 03/Nov/08 - Colombia
• Paper: Construction chamber-Citi freeze talks on Habitat Ins 30/Oct/08 - Chile
• GHL looking to return to Latin America Ins 28/Oct/08 - Regional
• Brysam not retrenching from Latin American financial system Bank 24/Oct/08 - Colombia
• Redecard ups recurring net income 47.3% in Q3 Bank 24/Oct/08 - Brazil
• Corp Banca: NY office levels playing field with competitors Bank 23/Oct/08 - Chile
• Minister rules out nationalizing pension fund system Ins 21/Oct/08 - Chile
• Government starts guaranteed loans swap plan Bank 17/Oct/08 - Argentina
• Citi Q3 net profits in Latin America plunge 74% Bank 16/Oct/08 - Regional
• Ratings roundup: HSBC Salvadoreño, Cuscatlán, Global Bank Bank 14/Oct/08 - El Salvador, Panama
• Fitch: Insurance sector set to continue improving financial performance Ins 10/Oct/08 - El Salvador
• Fitch sees premiums growing 13% in 2008 Ins 08/Oct/08 - El Salvador
• Ratings roundup: Banamex, HSBC México, American Express Bank Bank 02/Oct/08 - Mexico
• President signs deal with 3 banks to start new debt talks Bank 30/Sep/08 - Argentina
• Private sector credit growth slows to 12% at end-August Bank 30/Sep/08 - Mexico
• Pension assets rise 20.1% at end-August Ins 30/Sep/08 - Colombia
• President to meet 6 banks to start debt renegotiation Bank 29/Sep/08 - Argentina
• Paper says 2 more banks to join new debt talks Bank 26/Sep/08 - Argentina
• Paper: Government to use new debt-talk strategy to avoid lawsuits Bank 25/Sep/08 - Argentina
• Congress to debate debt renegotiation proposal next month Bank 24/Sep/08 - Argentina
• Citi seeks to grow insurance business in Central America Ins 24/Sep/08 - Regional
• International banks make debt renegotiation proposal to government Bank 23/Sep/08 - Argentina
• Citi to finish Cuscatlán-Uno mergers by year-end Bank 23/Sep/08 - Regional
• Popular sells US$250mn floating rate notes Bank 17/Sep/08 - Puerto Rico
• Citi to merge Cuscatlán, Uno units in November Bank 15/Sep/08 - Costa Rica
• Report: Popular puts BPNA up for sale Bank 11/Sep/08 - Puerto Rico
• Citi launches operations after merging Cuscatlán, Uno units Bank 09/Sep/08 - El Salvador
• AFPs hike commissions again Ins 05/Sep/08 - Chile
• ANALYSIS: The pros and cons of sovereign wealth funds Bank 04/Sep/08 - Regional
• Bank January-July profits up 30.9% Bank 04/Sep/08 - Colombia
• Credit to private sector rises 16% in 12 months to July Bank 01/Sep/08 - Mexico
• Paper: Construction chamber offers US$300mn for Citi stake in Habitat Ins 28/Aug/08 - Chile
• FDIC: Bank NPAs hit 3.73% at end-June Bank 27/Aug/08 - Puerto Rico
• Banks to report drop in 2008 earnings on higher provisions Bank 22/Aug/08 - Mexico
• Pension fund industry net profits drop 2% in H1 Ins 22/Aug/08 - Mexico
• Deutsche Bank lowers banking sector 2008 earnings growth forecast to 13% Bank 21/Aug/08 - Brazil
• MetLife unit ups profits 78% in H1 Ins 21/Aug/08 - Brazil
• Citi launches operations after merging Cuscatlán, Uno units Bank 20/Aug/08 - Honduras
• AFP H1 earnings fall 37% Ins 19/Aug/08 - Chile
• Banco de Chile: No need for subordinated bonds until 2009 Bank 08/Aug/08 - Chile
• Pension assets up 16.9% at end-June Ins 07/Aug/08 - Colombia
• Banamex Q2 net profits plunge 95% Bank 31/Jul/08 - Mexico
• Credit to private sector rises 17% in 12 months to June Bank 31/Jul/08 - Mexico
• AFP Cuprum tops service quality ranking again Ins 31/Jul/08 - Chile
• IM Trust: Country less likely to become regional financial hub Bank 30/Jul/08 - Chile
• Citi seeks to expand brokerage, investment banking business in Latin America Bank 30/Jul/08 - Regional
• Bci private banking head ousted Bank 29/Jul/08 - Chile
• Citi appoints Central America, Caribbean division head Bank 28/Jul/08 - Caribbean, Central America
• Citi reorganizes in Latin America Bank 24/Jul/08 - Regional
• Construction chamber: No Citi offer for AFP Habitat stake Ins 24/Jul/08 - Chile
• S&P ups 3 banks to BB- Bank 22/Jul/08 - Uruguay
• Citi Q2 net profits in Latin America fall 16% Bank 18/Jul/08 - Regional
• Afore InverCap surpasses HSBC pension unit in assets at end-June Ins 15/Jul/08 - Mexico
• Banco Opportunity defends ability to operate after top management arrested Bank 10/Jul/08 - Brazil
• Banks could put brakes on lending Bank 09/Jul/08 - Brazil
• Citi says will go for "dominant" position Bank 09/Jul/08 - Colombia
• Citi revamps stock broker unit Bank 04/Jul/08 - Colombia
• B Riley: Most banks will survive the recession Bank 03/Jul/08 - Puerto Rico
• Deutsche Bank names new country head Bank 03/Jul/08 - Brazil
• Itaú aims to grow UnionCapital's market share Ins 03/Jul/08 - Uruguay
• Financial sector watchdogs to improve consolidated supervision Bank 03/Jul/08 - Central America, Dominican R.
• Citi: 5mn retail investors to trade on Bovespa in 10 years Bank 02/Jul/08 - Brazil
• Construction chamber aims to hold on to AFP Habitat stake Ins 02/Jul/08 - Chile
• Paper: Citi makes offer to AFP Habitat shareholder Ins 01/Jul/08 - Chile
• Loans to private sector rise 19% in 12 months to May Bank 30/Jun/08 - Mexico
• Oriental Financial negotiating branch lease with Popular Bank 25/Jun/08 - Puerto Rico
• Pension assets up 21.1% at end-May Ins 25/Jun/08 - Colombia
• Doral appoints 2 new board members Bank 23/Jun/08 - Puerto Rico
• BBVA sees room for reform in pension system Ins 20/Jun/08 - Colombia
• Construction chamber launches insurance broker Ins 20/Jun/08 - Chile
• Citi buys local broker Intra Bank 19/Jun/08 - Brazil
• Regulator gives Cuscatlán, Uno until December to complete merger Bank 18/Jun/08 - Panama
• New CEO to review all AIG units Ins 16/Jun/08 - Regional
• Citi settles with SEC on 4Q01 accounting case Bank 16/Jun/08 - Argentina
• Citi, MetLife units unveil savings plan for minors Ins 13/Jun/08 - Brazil
• LQIF grabs another 0.57% stake in Banco de Chile Bank 12/Jun/08 - Chile
• Deutsche Bank ups Banco de Chile, downgrades Santander unit Bank 11/Jun/08 - Chile
• Banchile to auction 462mn Banco de Chile shares June 11 Bank 10/Jun/08 - Chile
• Banchile grabs 0.66% of Banco de Chile in auction Bank 04/Jun/08 - Chile
• Banco de Chile share auction could raise US$43mn Bank 03/Jun/08 - Chile
• Citi appoints new country officer Bank 03/Jun/08 - Puerto Rico
• AFP Habitat replaces CEO, hikes commissions Ins 30/May/08 - Chile
• Loans to private sector rise 21% in 12 months to April Bank 30/May/08 - Mexico
• Pension assets pass US$30bn mark end-April Ins 29/May/08 - Colombia
• Feller upgrades Banco de Chile outlook to positive Bank 28/May/08 - Chile
• UBCI delists shares from exchange Ins 23/May/08 - Panama
• AV Villas sells US$4.56mn in distressed loans to Citi Bank 23/May/08 - Colombia
• Itaú aims for US$90mn profit from Southern Cone subsidiaries in 2008 Bank 07/May/08 - Regional
• Redecard Q1 profits slip 8.65% Bank 05/May/08 - Brazil
• Pension assets grow 15.8% in 12 months to March Ins 29/Apr/08 - Colombia
• Itaú to take over UniónCapital by July Ins 22/Apr/08 - Brazil, Uruguay
• Government to create 3-multifund pension system Ins 08/Apr/08 - Colombia
• Pension assets grow 16.2% in 12 months to February Ins 02/Apr/08 - Colombia
• Press: Visanet shareholders sticking to IPO plans in H1 Bank 02/Apr/08 - Brazil
• AFP BBVA Provida falls to bottom of service quality ranking Ins 31/Mar/08 - Chile
• Paper says Luksic group could buy stake in Citi Bank 31/Mar/08 - Chile
• Banco de Chile to spend US$100mn in 2008 Bank 27/Mar/08 - Chile
• Redecard secondary offering totals US$699mn Bank 25/Mar/08 - Brazil
• Paper: Only 8,000-10,000 AFAP affiliates can switch to state system Ins 25/Mar/08 - Uruguay
• Paper: President to allow AFAP affiliates to switch to state system soon Ins 20/Mar/08 - Uruguay
• IMF: Strengthening of financial sector supervision urgent Bank 19/Mar/08 - El Salvador
• IMF: Passage of consolidated supervision bill a priority Bank 18/Mar/08 - Costa Rica
• Banco Cuscatlán to absorb Banco Uno Bank 17/Mar/08 - Panama
• Pension assets grow 14.5% in 12mths to Jan Ins 14/Mar/08 - Colombia
• Citi receives US$623mn from Redecard share offering Bank 13/Mar/08 - Brazil
• BB sees Visanet IPO in H1 Bank 27/Feb/08 - Brazil
• Corp Banca aims to open NY branch before H2 Bank 27/Feb/08 - Chile
• Citi leasing unit to sell US$593mn in debt Bank 27/Feb/08 - Brazil
• Citi shoots for US$700mn from Redecard share offering Bank 27/Feb/08 - Brazil
• Fin groups end 2007 with US$1.6bn in Cayman Islands, Bahamas Bank 25/Feb/08 - Costa Rica
• AFPs more than triple profits in 2007 Ins 29/Jan/08 - Peru
• Infonavit to kick off 2008 round of RMBS by Apr Bank 22/Jan/08 - Mexico
• Banco de Chile lays off 1,000 staff due to Citi merger Bank 21/Jan/08 - Chile
• FEATURE: Pension reform takes system one step beyond Ins 21/Jan/08 - Chile
• Afore Banamex 2007 profits rise 11% Ins 21/Jan/08 - Mexico
• Pension profits drop 6.1% in 2007 Ins 17/Jan/08 - Mexico
• Redecard confirms secondary share offering Bank 15/Jan/08 - Brazil
• Paper: Banks could get US$1.71bn for 15% of Redecard Bank 11/Jan/08 - Brazil
• Citi appoints Anaya to Banco de Chile board Bank 09/Jan/08 - Chile
• Regulator approves Banco de Chile-Citi merger Bank 08/Jan/08 - Chile
• Citi leasing unit lines up US$2.83bn debt issue Bank 07/Jan/08 - Brazil
• Govt backs BancoEstado entering AFP system Ins 04/Jan/08 - Chile
• FEATURE: LatAm banks to see soft landing in 2008 Bank 02/Jan/08 - Regional
• Analysts: BCH-Citi merger faces hurdles Bank 28/Dec/07 - Chile
• BCH, Citi unit's merger to produce US$322mn savings Bank 27/Dec/07 - Chile
• AFP Cuprum tops service quality ranking again Ins 30/Nov/07 - Chile
• FT, IFC launch Sustainable Banking Awards 2008 Bank 06/Nov/07 - Mexico, Regional

Related Research Reports

• Cepal - Istmo Centroamericano: evolución económica durante 2006 y perspectivas para 2007 (Evaluación final)
• Fitch Downgrades Citigroup to 'AA'; Outlook Negative
• Fitch Central America: Banking Outlook - New Players in the Field
• Moody's lowers Citigroup's ratings (snr to Aa3)
• Feller Rate sube a "AA" las clasificaciones de la solvencia y l neas de bonos de LQ Inversiones Financieras y asigna perspectivas "Estables", tras concretarse el ingreso de Citigroup Inc a la propiedad del holding
• Fitch Ratings Ratifica Clasificación de SM-Chile A y B y Ajusta Clasificación de Series D y E
• Feller Rate - 2007:Sistema Financiero Chileno Mantuvo sus Sólidos Fundamentos
• Fitch modifica a la baja el IDR en moneda local de Banamex tras la degradación de Citigroup; ratifica el AAA(mex) nacional
• Fitch Rates Citigroup Preferred Stock 'A+'
• Fitch Ratings asigna calificación 'TR2-(mex)' a Banamex Corporate Trust
• Fitch Subió hasta AA+ la Clasificación de LQ Inversiones Financieras
• Feller Rate ratifica las clasificaciones de Banco de Chile y SM-Chile tras materializarse la fusión de Banco de Chile y Citibank Chile. A la vez, retira las clasificaciones de este último.

Regional Managers

Country Manager

Management

Other Contacts

Ownership & Operations

Market Information

Top Competitors

Other Sector Players

Tickers

Yahoo - - Local

Cost & Financing

This company profile does not contain
information related to this area.

Necessary Procurement

This company profile does not contain
information related to this area.

Implementation