Citi Bank
Citi Bank
Citi Bank
In 1976,Named as Citibank
1902 Founded India, Mumbai presence in 140 countries
CITIBANK
Citibank is one of the largest banks in the U.S., and is a part of the financial services company Citigroup. Citibank had been founded in the year 1812. Initially its name was City Bank of New York, which was later changed to First National City Bank of New York. In over 100 countries worldwide, Citibank has been carrying out its operations, which comprise of regular banking services along with credit card, insurance and investment services. The bank claims to have a customer base of 15 million users catered by its online services division alone.
CitiGroup
Citigroup Incor or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and Travelers Group in October 1998 (announced on April 7, 1998). The
HR ASPECTS
William R. Rhodes(Chairman)
TOP COMPETITORS
Bank of America Corporation HSBC Holdings plc JP Morgan Chase & Co Wachovia Corporation Wells Fargo & Company
MARKETING ASPECTS
Target Customers
Upper middle class Business class people
Location
Urban Metro cities
Advertisement :
internet sites Business Magazine
Banking Fund services Internet and mobile banking services Lines of credit and loans Private baking Securities services Trust services
Credit Cards
Prepaid Cards
Personal Travel Card Corporate Travel Card
Loans
Mortgages Business Loans Stock Power Loan Against Fixed Deposits Personal Loan & Ready Credit
Investments
Insurance
Life Insurance Health & Accident Travel Insurance Home Loan Insurance Home Power Protect
Online Services
Special Offers
Promotions
In order to continually attract attention of consumer, Citibank have launch their promotion activities from time to time. There are many promotion strategies that use by Citibank.
Deposit with Citigold for greater rewards that customer may enjoy up to 3.20% p.a and win a complimentary Samsung Camcorder
In Credit Card, They have Enjoy 0% interest payment with Citibank Easy Pay as benefits own a HP notebook
loans promotion that has in Citibank. Get a free flying lesson and more with Citibank Home Loans is guaranteed gifts free flying lesson,
Online part also got Citibank Electronic Statement be a promotions that is access your past 12 month statement online anytime, anywhere for free.
Established 109 years ago in Kolkata, Citibank has a long history in India. Currently it is the largest foreign direct investor in financial services in India with a total capital commitment of approximately US$ 4 Billion in its onshore banking and financial services business and its principal and alternate investment programs. It operates 41 full-service Citibank branches in 40 cities and over 700 ATMs across the country.
Innovations
Recently launched and innovative products and services
Mobile Check Deposit ThankYou Rewards App ThankYou Point Sharing Benefit Builder ThankYou Shop With Points
USP
Citibank in the early 1990s built a unique service proposition around the concept of CPT Competence, Problem-free, Timely service. Its entire internal infrastructure was designed to deliver CPT to customers on a consistent and reliable basis. Its training programs were designed to increase the knowledge and skill levels of the front-line staff. Its rewards system was crafted to reward employees,teams, and departments that eliminated or prevented problems from happening to customers.
Its capital budgets were ranked in terms of which items would improve the timeliness of service and product delivery. Using these steps these steps the bank was able to reduce the time it took to issue ATM cards to new account holders from ten days to less than three days, including mailing time.