Citi Ukraine made a special payment to its employees

Kyiv, April, 15 – Citi Ukraine made a special payment to employees most likely to feel economic hardship from COVID-19 related challenges. This is a part of the global compensation award targeting 75 000 colleagues all over the world who qualify under the annual salary rate criteria. The award for each country is based on living expenses, overall pay levels and other factors.

Alexander McWhorter, Head of Citi Ukraine, commented: ‘A special one-off compensation award was provided to 26% colleagues in the country to support those who are in the most need. This is one of the great examples of Citi’s robust support of its teams all over the world, helping us to implement continuity of business operations and provide high quality services to our clients in Ukraine within this unprecedented situation.’

Notes for editors:

Citi Ukraine (JSC Citibank) has been working in the country for more than 20 years, serving multinationals, large Ukrainian corporates and some public sector in the country. Citi offers solutions which serve clients’ needs and cover all aspects of cash and liquidity management, trade services and finance, treasury services, corporate finance and lending, securities services, and issuer services.

In 2019, JSC Citibank obtained the highest credit rating of AAA under the national scale from the Expert Rating Credit Agency and was recognized Cash Management Market Leader and Best Overall Service by Euromoney Cash Management Survey 2019.