Compelo Banking - Latest industry news and analysis is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

Citi launches new investment solutions

Citibank has launched its new investment solutions for Russian affluent clients, allowing individuals to invest in international assets with as little as $10,000.

Citibank has also strengthened its Citigold program by introducing Global Access privileges for customers who travel abroad. Global Access is a concept developed for Citigold clients and offers complimentary privileges to those of them who travel abroad.

Citibank has noted that if a Citigold customer loses his debit card abroad he can get ’emergency cash’ of $2,000 from select branches. When a Citigold customer is traveling on business he can access 537 Citibank branches.

Kumar Ramachandran, retail banking business manager at Citibank, said: Citibank is the leading provider of consumer investment services to the mass affluent segment in Russia through its Citigold package and is one of the biggest distributors of local mutual funds and structured investment products in the market.

This new range of investment opportunities further strengthens the position of Citigold as the most attractive premium account in Russia today.