About Citi Trinidad & Tobago

Profile

Established in 1965, Citibank (Trinidad & Tobago) Limited has provided financial solutions to corporations, financial institutions, public sector companies and governments for over 50 years. Citi’s presence in the country is a reflection of its commitment to providing value to its clients in a dynamic, global environment with a comprehensive and innovative range of global financial solutions. Citi^® provides strategic and financial advisory including mergers and acquisitions, financial restructurings, loans, syndicated loans, foreign exchange, cash management and trade solutions. Since 1965, Citi has been a key player in the development of Trinidad and Tobago’s financial industry, introducing new solutions and services.

History

• In 1965 Citibank began operating in Port-of-Spain, Trinidad as a 100% owned foreign bank.
• In 1980 the Government of Trinidad & Tobago requested all foreign banks to localize. All others left except Citibank.
• In 1983 Citibank signed an agreement with the Government of Trinidad & Tobago to form The United Bank of Trinidad & Tobago Limited, committing 51% of its shareholdings.
• In 1987 Citicorp Merchant Bank Limited was incorporated in Trinidad & Tobago.
• In 1989 United Bank's shares were repurchased by Citibank, and the bank renamed Citibank (Trinidad & Tobago) Limited.
• In 2000 Citicorp Merchant Bank Limited opened a marketing branch in Barbados.
• In 2001 Citibank (Trinidad & Tobago) Limited established a local corporate bank in the Bahamas.
• In 2015 Citicorp Merchant Bank Limited (Barbados) changed to a Part III license.

Citicorp Merchant Bank Limited mainly provides financing solutions through loans and Debt Capital markets transactions

Citibank (Trinidad & Tobago) Limited and Citicorp Merchant Bank Limited are locally incorporated, and run by local Boards of Directors. The bank is fully owned by its ultimate parent - Citigroup.

For more than 200 years, Citi’s mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain the public's trust by constantly adhering to the highest ethical standards. We ask our colleagues to ensure that their decisions are in our clients' interests, create economic value and are always systemically responsible. When we do these things well, we make a positive financial and social impact in the communities we serve and show what a global bank can do. www.citigroup.com.