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Citi Offers International Portfolio Diversification Solutions To Affluent Hungarians

London-based Citi International Personal Bank is offering international portfolio diversification solutions to affluent customers in Hungary (with assets of $100,000 or HUF/EUR/GBP equivalent) to partly or fully manage their wealth internationally, in secure markets.

Citi International Personal Bank offers a solution to customers in Hungary with products more than 200 mutual funds, international brokerage services with equities and bonds in 25 countries, a variety of structured notes and FX volatility management opportunities, lending, secure time deposits and a bank account kept in London UK.

Hungarian clients of the Citi International Personal Bank can receive investment advice in person from a locally-based relationship manager, who is backed up by a team in London.

Batara Sianturi, country officer for Citibank Hungary, said: “This new service that now becomes available to Hungarian customers through Citi International Personal Bank is a unique opportunity for them to further diversify their portfolios with accessing international investment opportunities many of which are not available in the local market.

“Of course we also continue to expand our Citigold and Citigold Select proposition to our affluent customers to offer them competitive benefits for using our exclusive services we provide them at Citibank Hungary.”

Grant Carson, business manager of Citi International Personal Bank, said: “At Citi International Personal Bank our relationship managers are all investment qualified and help our clients to develop wealth management strategies that best fit their circumstances and financial needs. Whether they want to take an aggressive investment approach, or have a more cautious outlook we can use our range of products and expertise to help them.”