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Citi has been operating as one of the leading foreign banks in Malaysia since 1959. With close to 4,000 employees, Citi has a full-fledged franchise on the ground that spans across corporate banking, treasury and trade, markets and securities services, as well as transaction services via the Citi Solutions Centers.
Nov 1, 2022 · Singapore – Citi announced today it has completed the sale of Citi's Malaysia and Thailand retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB) subsidiaries, which includes the transfer of over 3,000 related staff.
Citibank Berhad is a licensed commercial bank [1] operating in Malaysia with its headquarters in Jalan Ampang, Kuala Lumpur. [ 2 ] [ 7 ] Citibank Berhad operates as a subsidiary of Citigroup Holding (Singapore) Private Limited, commencing its banking operations in Malaysia since 1959. [ 8 ]
Nov 1, 2022 · The acquisition is part of UOB's strategy to scale up its ASEAN retail business outside of its home market of Singapore. Singapore, 1 November 2022 – UOB today announced the completion of the acquisition of Citigroup's consumer banking businesses in Malaysia and Thailand.
May 22, 2021 · For Citi Malaysia — with a new chief in the driving seat and a major structural shift on the cards — what is the game plan? News of Citigroup Inc selling its consumer banking assets in 13 markets — including Malaysia — caught many by surprise.
Nov 1, 2022 · KUALA LUMPUR: Announcing the completion of its Malaysia and Thailand acquisitions, United Overseas Bank Ltd (UOB) said it is working towards a smooth transition of Citigroup's consumer banking ...
Apr 21, 2021 · KUALA LUMPUR, April 21 — Following the decision of its parent Citigroup Inc to leave retail banking in here, Citi Malaysia has promised to keep the best interests of its customers, employees and other stakeholders at heart as it makes the transition.
Aug 9, 2023 · SINCE becoming CEO of Citi Malaysia a short three months ago, Vikram Singh is convinced that Malaysia presents a large opportunity of growth for the international banking group.
Jan 14, 2022 · Citi has agreed to sell its consumer banking business in Malaysia to United Overseas Bank (UOB), along with those in the Indonesia, Thailand, and Vietnam market.
Sep 15, 2022 · KUALA LUMPUR: UOB Malaysia and Citi Malaysia yesterday announced they have received regulatory approval from Bank Negara for UOB’s acquisition of Citi’s consumer banking business in Malaysia.
