Citibank Thailand Banking Solutions and Expertise

Citibank Thailand offers a range of banking solutions to cater to the diverse needs of its customers.

With a strong presence in the country, Citibank Thailand provides expert financial services that are tailored to meet the unique requirements of individuals and businesses alike.

From personal banking to corporate banking, Citibank Thailand's expertise spans various areas, including cash management, trade finance, and investment banking.

The bank's experienced team of professionals is dedicated to delivering exceptional customer service and helping customers achieve their financial goals.

Citibank Thailand has a significant presence in the country with over 2600 employees serving more than a million customers nationwide.

Their Financial Statements show that Citibank is the largest foreign bank in Thailand in terms of deposits and assets.

The bank's head office is conveniently located on Sukhumvit Road, making it easily accessible for customers and employees alike.

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Citi has a long history in Thailand, starting as early as 1967 with a 50% equity stake in the Bangkok First Investment Trust.

In 1989, Citi initiated the First National City Finance, marking another significant milestone in the company's growth.

Citibank Thailand obtained a full banking licence in 1984 after acquiring the Mercantile Bank.

Citi's formal registration in Thailand took place on November 1, 1985.

Citibank Thailand has an impressive employee strength of over 2600, allowing them to serve a large customer base.

Their financial statements show that Citibank is currently the largest foreign bank in Thailand, measured by both deposits and assets.

The company's head office is located on Sukhumvit Road, a major thoroughfare in the country.

With a strong presence in Thailand, Citibank is able to serve more than a million customers countrywide.

Citi Thailand is under the leadership of Narumon, who has extensive experience in foreign exchange, fixed-income securities, multi-asset strategy, and structured products.

Narumon's previous roles at Citi have further underscored her leadership capabilities, including head of corporate sales and structuring, head of derivatives and structuring, and head of global markets and securities services.

Citi Thailand aims to be a support system for both local and international clients, helping them seize new business opportunities and navigate the global market's complexities under Narumon's guidance.

The bank aspires to be an agent of change and a champion of global commerce, leveraging Citigroup's expansive network across 95 countries to effectively respond to clients' needs and facilitate market expansion.

Narumon prioritizes team development and recognizes employees as crucial assets to the organization, enabling the workforce to adapt to rapid changes in the business and technology world with new perspectives and improved efficiency.

Citi Thailand is committed to fostering the growth of businesses of all sizes, from small and medium-sized enterprises (SMEs) to large corporations, under Narumon's leadership.

Narumon's dedication to client satisfaction is evident in her focus on providing tailored solutions, such as efficient payment platforms capable of processing thousands of transactions per second.

As Narumon continues to inspire women to reach their potential, her dedication, visionary leadership, and commitment to excellence serve as a model for future leaders.

Citibank Thailand offers a range of services to individual consumers and business houses on investment and private banking.

Their major offerings to business houses include foreign exchange, trade finance, cash management, custodian services, lending, securitization, and capital markets.

These services are designed to meet the evolving needs of businesses in Thailand, and are particularly relevant in today's digital and global commerce landscape.

Citi's 7-Day Sweeps service, for example, offers real-time liquidity management with automated 24/7 functionality, which can be extended to non-business days and reduces liquidity risk and enhances efficiency for e-commerce companies.

This service is especially important in Thailand, where majority of payments are facilitated through the domestic PromptPay instant payments scheme, requiring real-time liquidity for online businesses.

Citibank Thailand offers a range of services to individual consumers and business houses.

Their services for business houses include foreign exchange, trade finance, cash management, custodian services, lending, securitization, and capital markets.

Citi's major offerings to business houses are designed to support their financial needs and help them grow their operations.

For businesses, Citi provides foreign exchange services that enable them to manage their international transactions efficiently.

Citi's trade finance services help businesses manage their trade transactions, including import and export financing.

Cash management is another key service offered by Citibank Thailand, helping businesses to manage their cash flows and optimize their use of funds.

Citi's custodian services provide a secure and efficient way for businesses to hold and manage their assets.

Their lending services offer businesses access to funding to support their growth and expansion plans.

Securitization is another service offered by Citibank Thailand, helping businesses to manage their assets and reduce their financial risk.

Capital markets services are also provided by Citi, enabling businesses to raise capital and access new investment opportunities.

Overall, Citibank Thailand's services are designed to support the financial needs of businesses and help them achieve their goals.

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Citi has a new head of markets in Thailand, Nattaphan Assavavisessivakul, who will join in August.

He has over 23 years of experience in banking and financial services.

Assavavisessivakul previously worked at BNP Paribas, Thailand, where he led the trading sales and treasury teams as head of global markets and ALM Treasury.

He was also the head of fixed income, commodities and currencies sales at Bank of America, Thailand.

Nattaphan started his career at KPMG Thailand, specialising in business restructuring and financial modelling and reporting.

Citi sees Thailand as a key market with increased global client flows and overseas investments by local asset managers.

Nattaphan's leadership will help Citi Markets Thailand deliver on its mission to be the best bank for its clients.

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Citi Thailand is committed to giving back to the community through various corporate activities.

The bank's Citizenship priorities include Microfinance, Environment, Financial Education, Youth Education, Disaster Response, and Workplace. These initiatives aim to make a positive impact on society.

Citi Thailand has received grant support from the Citi Foundation, with a total of US$1,364,008 (approximately 53.5 million baht) contributed to community development programs up to 2007.

The bank's employees, families, and friends have participated in the annual "Global Community Day" since 2006, showing the company's dedication to community involvement.

Citi Thailand is not the only bank contributing to the community, as the "Banks of Thailand" and "Thai subsidiaries of foreign companies" are also involved in various corporate activities.

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