Citibank: customer reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

The first years after the collapse of the Soviet Union were marked by the emergence of a huge number of different banking organizations. One of these was Citibank Closed Joint-Stock Company, the reviews of which predict a successful future for it. This financial institution was formed as a subsidiary of the American financial group Citygroup. Today, this bank occupies a leading position among the largest similar organizations in the Russian Federation based entirely on foreign capital.

Citibank, which can be found throughout Russia, has a truly unique branch network. This financial organization has more than 50 representative offices and about 600 ATMs, it is mainly engaged in issuing consumer loans and plastic cards to the population of the Russian Federation.

Citibank, reviews of which can be easily found in print media and heard from friends, is engaged not only in lendingpopulation, but also:

• accepting deposits;
• serving customer accounts;
• operations in various securities markets;
• issuing salary cards.

The financial institution boasts a customer base of over one million individuals today, with each reporting period growing.

In all cities, Citibank employees (Moscow is no exception) focus their services on working with private clients, for whom a wide range of banking services has been developed and provided. The company's employees are especially proud of the specially developed consumer lending program, which is not only the most popular, but also the most profitable for the organization itself. Citibank, reviews of which can be found both positive and negative, provides loan processing within just one day and does not require a huge package of documents, guarantees or collateral.

Another type of popular consumer lending is the issuance of plastic cards. With the help of this simple tool, the company's clients can always receive additional funds. The grace period for plastic is 50 calendar days from the date of the last reporting period. This means that if the last report was on the 1st, then even if the loan was taken on the 20th, the borrower must return the money by the 20th of the next month, otherwise interest will begin to increase on his loan. The rate on such loans is determined for each individual, but usually is about 40% per annum.

In addition to lending, Citibank, whose reviews call it the most stable financial institution in Russia, offers its clients capital investment services. In addition, it provides the opportunity to place the savings of individuals in fixed income securities. Also worth noting is the program for placing deposits in international mutual funds.

Clients of this organization are provided with all major types of insurance from leading companies, discounts when paying by bank transfer in a huge number of stores in the country and much more.