Citibank is consolidates its presence on the Chinese mainland with plans to open new consumer-banking outlets in Shanghai, Beijing and Tianjin in October.

Citibank was preparing to expand as China would fully open its financial markets by the end of 2006 under its obligations to the World Trade Organization.

The new outlets would offer services to local and foreign companies, Chinese residents and foreign nationals.

China remains a top strategic focus for Citigroup globally.

Citigroup first established an office in Shanghai in 1902. It currently operates six branches and 12 outlets in Beijing, Shanghai, Guangzhou, Shenzhen and Tianjin.

Source:佚名