Founded in 1812, Citibank is consumer banking division of Citigroup, an American financial services corporation. Citibank offers retail and commercial banking products and services in four regions: Asia; Europe, the Middle East and Africa; Latin America; North America. CITIBANK A.Ş. (Turkey) serves the financial needs of corporations through a full range of products and services, including loans, treasury products, corporate finance, cash management, foreign trade finance and custody services.
CITIBANK A.Ş. is the 27th largest bank in Turkey in terms of total assets. In 2019 its total assets were 12 851,82 mln TRL, providing the bank with the market share of 0.31%. In 2018 the bank's net income was 488,75 mln TRL.
CITIBANK A.Ş. participates in the deposit guarantee scheme of Turkey. This deposit guarantee scheme applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign) and covers up to up to 100,000 TRL per bank per depositor. CITIBANK A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.
CITIBANK A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey.