Citibank has been very active in corporate, commercial and retail business covering a diverse scope of banking services, including trade, foreign exchange, and cash management. These services include facilities to the majority of large trading families in the UAE. The bank is also very active in corporate finance activities, including Project Finance, Structured Trade Finance, Syndications, and Tax Lease structures in a variety of industries such as Power, Aviation, Communication, and Manufacturing. These activities are also spread amongst several capital markets, including interbank, Islamic, and cross border investor financing. The group′s expertise in structuring complex transactions has won it several awards over the years, including Euromoney′s Best Foreign Bank in the UAE awards over consecutive years, and Dubai′s Quality Award. The Group has also won accolades in tax leasing structures such as the Emirates Airline German Tax Lease.
History
Citibank has been operating in the UAE since 1964 and has 5 branches in the country, two in Dubai, and one each in Abu Dhabi, Al-Ain and Sharjah.
(last updated: 08-June-2009)
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UAE \ Commercial Banks \ Citibank
