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Citibank a.s. is the General
Partner of the National Gallery in Prague |
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- Prague, December 11 - It is the first time ever that the National Gallery in Prague has a general partner for the year 2003. Citibank a.s. has decided to link its name with this prestigious gallery. This is part of the National Gallery's efforts not to be fully dependent on the government subsidies, but to seek funds to cover its operating costs in the private sector as well. The method of multiple financing sources has been used by leading galleries abroad, whereby different partners and sponsors assist the gallery on different levels, together with donations of individuals.
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Citibank Today introduced
New Customer Branch in the center of Ostrava |
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- From the end of October the metropolis of Northern Moravia is to have a new Citibank branch that will replace the former one located on the outskirts of the city. This new modern facility will allow us to cater even more effectively to the needs of our clients in the region.
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Net income of Citibank a.s.
CZK 659 million |
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- 124
per cent increase on previous year
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Piano Concert for Young Musicians Affected by the Floods
Proceeds of the Concert to Be Contributed to Buying New Pianos
for Students of Music Schools |
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- The net income of the Bank for the 3 months ending March 31, 2002 was CZK 251 million. Compared to the first 3 months in 2001 the net income has increased by 83%.
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Citibank Hosts 'Economy for Future Managers and Teachers' Workshop at the Zahradky Chateau |
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- On Tuesday, October 15, 7:00 p.m. in the Lichtenstein Palace on the Malostranske Square in Prague a fund-raising piano concert in support of flooded music schools will be held. The concert is organised by the American Chamber of Commerce in Czech Republic and Citibank a.s. that will cover all the costs accrued in relation to the concert's organisation. New musical instruments will be bought for the proceeds from tickets.
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Citigroup supports the Czech
Red Cross and very soon also some of the major "Reconstruction" projects |
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- In response to the devastating floods the international financial institution Citigroup and its subsidiary in Czech Republic Citibank, a.s. have decided to coordinate and provide assistance to the flood victims. In this regard the bank is going to take the following actions
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Howard Gaunt into the Citibank
management
Citibank in the Czech republic changes head of the small and medium
business division |
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- A change occurs in Citibank top management. Since July, the leader of the division of banking for small and medium sized companies will be an American Howard Gaunt. As a director of CitiBusiness program he'll replace his forerunner Sergiusz Najar who is heading to Poland.
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Net income of Citibank a.s.
as of March 31, 2002 251 mil. CZK |
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- The net income of the Bank for the 3 months ending March 31, 2002 was CZK 251 million. Compared to the first 3 months in 2001 the net income has increased by 83%.
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Citibank a.s. Czech Republic
Reports a 31% profit increase in its 10th Year of Operation |
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- Citibank a.s. generated net profit of CZK 1.117 billion in 2001, according to audited results, during the bank's 10th anniversary in the Czech Republic. The results were achieved because of the highly efficient performance in the corporate and consumer banking divisions. The financial results were also influenced by conversion of share capital from USD to CZK currency.
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Citigroup fourth quarter core income
of $3.86 billion, up 16%
Fourth quarter revenues of $22.0 billion, up 12%
Results include $698 million pre-tax impact from Enron and Argentina |
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- New York, NY, January 17, 2002 - Citigroup Inc. (NYSE:C) today reported core income for the fourth quarter ended December 31, 2001, of $3.86 billion, increasing 16% over the fourth quarter of 2000. Core income per share, diluted, increased 14%, to $0.74. Results include $228 million pre-tax impact relating to Enron, and $470 million pre-tax impact due to the turmoil in Argentina. For the full year, Citigroup´s core income increased 3% over the prior year, while core income per share, diluted, was $2.81. Net income for the fourth quarter was $3.88 billion, and for the full year, was $14.13 billion.
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