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Citigroup’s presence in Trinidad & Tobago is a commitment to providing its clients with state-of-the-art corporate and investment products, services, and solutions for every financial need, in a dynamic global environment. The record of service from the organization in Trinidad & Tobago, to governments and businesses since 1965 speaks for itself. For decades, Citibank (Trinidad & Tobago) Limited has been dedicated to providing the most comprehensive and innovative range of global financial products, services and solutions to its valued customers, both locally and regionally. These include Trade Finance and Trade Services, Foreign Exchange, Derivatives, Cash & Treasury Management Solutions, Electronic Banking & Web-based Solutions, Asset-based Financing, Project Finance, Corporate Finance, Financial Advisory Services, and Commercial Lending. Citicorp Merchant Bank Limited is involved in domestic and international fund-raising services for both public and private sector enterprises. These services include Fund-raising, Bond Underwriting, Bond Trading, Securitisation, Derivative Securities, Structured Financing, and Leasing.

Regionally, Citigroup has offices in Barbados, Bahamas, Dominican Republic, Haiti and Jamaica. Through its Regional Franchise, the Trinidad branch of the organisation also serves customers in the unbranched territories of Antigua, Anguilla, Belize, Cayman Islands, Dominica, Grenada, Guadeloupe, Guyana, Martinique, Suriname, Aruba, Bonaire and Curacao, St.Lucia, St.Kitts & Nevis, St.Maarten, St.Vincent & the Grenadines, and Turks & Caicos. Additional information may be found at www.citi.com/trinidad.

History


In 1965 Citi began operating in Port-of-Spain, Trinidad as a 100% owned foreign bank, with a staff of 15.

In 1968 a branch was opened in San Fernando.

In 1980 the Government of Trinidad & Tobago requested all foreign banks to localize. All others left except Citi.

In 1983 Citi signed an agreement with the Government of Trinidad & Tobago to form The United Bank of Trinidad & Tobago Limited, committing 51% of its shareholdings.

In 1987 Citicorp Merchant Bank Limited was incorporated in Trinidad & Tobago.

In 1989 United Bank’s shares were repurchased by Citi, and the bank renamed Citibank (Trinidad & Tobago) Limited.

In 2000 Citicorp Merchant Bank opened a marketing branch in Barbados.

In 2001 Citibank (Trinidad & Tobago) Limited established a local corporate bank in the Bahamas.

Up to October 1998, Citi’s parent company was known as Citicorp.

On October 8th, 1998 – two financial giants - Citicorp and Travelers Group merged to create CITIGROUP.

Citibank (Trinidad & Tobago) Limited and Citicorp Merchant Bank Limited are locally incorporated, and run by local Boards of Directors. The bank is fully owned by its ultimate parent – Citigroup.

Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries, provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citi, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com.

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