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About
Citibank
Algeria |
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Citibank Algeria is the first foreign bank
to be established in Algeria. Citibank's presence in Algeria is a clear
demonstration of the Algerian government's determination to attract
foreign investment and to direct the national economy increasingly towards
foreign markets.
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Citibank
has had a significant involvement in Algeria for many years in areas such
as correspondent banking, trade finance and corporate finance. As
reflection of the importance of this relationship, a representative office
was established in Algiers in 1992 and remained opened during the most
difficult time in the nineties. When Algeria started to reform its economy
and open up the country to foreign investment, Citibank was the first
foreign institution to apply for and obtain a commercial banking license.
Citibank was authorized to open a full-fledge branch of Citibank, N.A. New
York in 1998. |
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Citibank
Algeria has new capabilities and the possibility to strengthen its
relationship with Algerian financial institutions and corporate clients as
part of Citigroup, which is present in more than 100 countries. Citibank
Algeria is ideally suited to finance the flow of capital and money in the
most effective and profitable way. |
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Citibank
Algeria offers its clients many advantages, including a highly trained
staff that can help find creative financing solutions, solve problems and
reduce the costs to our customers. These services reinforce the quality
image of our Algerian clients in the international marketplace. |
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Citibank's
approach is focused on trade, foreign investment, cash management and
treasury services, all of which involve close collaboration with Algeria's
leading banks. |
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With
a young team of highly qualified experts, Citibank is a modern Algerian
bank that draws its strength from its international and national network.
In fact, Citibank has opened a branch in the south of the country at
Hassi Messaoud, in the west at Oran and in the east at Annaba. The
excellent quality of Citibank's services can compete with the services
offered by any bank anywhere in the world. |
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Citibank,
N.A., offers a range of banking services to companies, notably in the
following areas: commercial finance, inter-bank transactions, investment
services, deposits, cash management and electronic banking. It makes
available an assortment of services to help its customers better manage
their budgets, increase the value of their investments, and finance their
projects. |
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