Home>About Us>Who We Are Citibank boasts a successful history of more than 200 years. The bank operates in more than a hundred countries worldwide and services 200 million private and corporate clients. Citibank has been offering its services in the Czech Republic since 1991. Citi operates in the Czech Republic through Citibank Europe plc, organizační složka. Since 1991, we have offered a full range of banking products and services to a broad spectrum of customers - from personal banking for individuals, including a wide range of credit cards to the Citigold programme for wealthy clients, and corporate banking for small and medium-sized enterprises and large global companies. Citi in the Czech Republic - 20 years on the Czech market Citi has been present on the Czech market since 1991. Citi was thus one of the first foreign banks in the Czech Republic (at that time still Czechoslovakia). In the early years, the bank focused primarily on banking services for global corporations, major local companies, and financial institutions. Citi quickly became a market leader in corporate banking and gradually widened its product and service offering to small and medium-sized enterprises. Citibank entered the retail banking market in 2001 and since then has provided its clients with a range of banking products and services, such as personal accounts, credit cards, options to invest in mutual funds, and the Citigold private banking service. History of Citi in the Czech Republic 2011 - With the new 3D Secure service, Citibank has improved the security of its clients’ online transactions, and was the first bank on the Czech market to issue cards utilizing this technology. Citibank introduced the Citi Global Transfer service, which enables clients to make electronic payments between Citibank banking accounts worldwide without any time delay. 2011 - Citibank issued a contactless card – the credit Shell MasterCard from Citibank, and was once again the first bank to do so on the Czech market. The first mobile phone payment was performed in the Czech Republic. Using NFC (Near Field Communication) technology, almost 400 Citibank and Komerční banka clients are able to try out mobile phone payments in Globus hypermarkets in this pilot project. 2011 - Citibank introduces mobile banking for corporate clients, who will be able to authorize payments through their cell phones and receive SMS notification. Citibank launches mobile banking. Our clients can manage their personal finances from an application on their smartphone. Citibank is the first bank on the Czech market to offer this application on the Android and iPhone mobile operating systems. 2011 - Citibank introduces special stickers with the contactless technology. Clients can place them wherever they need (e.g., on their cell phone or wallet) and use them exactly as they would use their contactless cards. 2010 - Citibank relocates its headquarters to Nové Butovice, Prague 5. A new Wealth Management Centre for clients is opened there 2010 - Citi begins offering a new service called International Personal Bank - helping Czech clients diversify their international portfolios. 2009 - Citibank launches new, optional insurance for credit cards called "Secure Card Insurance". The insurance covers the risk of fraudulent credit card use after theft or loss of the card, including online and PIN transactions, as well as forced cash withdrawals from ATMs using the credit card under threat of physical violence. 2008 - A new client service centre opens in Brno, extending our capacity in telephone banking and debt recovery. 2008 - Citibank a.s. transforms from a daughter company fully owned by U.S.-based Citibank Overseas Investment Corporation to a branch of the Citibank Europe plc joint-stock company registered in Ireland. The name of the company is changed to "Citibank Europe plc, organizační složka". 2007 - The attractive Citigold Centre, for our most important clients, opens in the heart of Prague. 2007 - The best Internet bank for corporate clients. In 2007, Citibank was named the “Best Internet Bank” for corporate clients in the Czech Republic by Global Finance magazine. Citibank has continued to win this award ever since. 2006 - Citibank credit cards reap awards. The Shell MasterCard credit card from Citibank was named the “Best Financial Product of the Year” in 2006 by Osobní finance magazine. The card was also awarded by MasterCard as the “Best Co-Branded Card from the Client’s Benefits Point of View”. In the same year, MasterCard praised the Citi ČSA credit card, which it named the “Best New Product of the Year”. 2005 - Citibank opened its first branch in the Liberec region. The branch includes the first specialized service centre for small and medium-sized companies. 2004 - Thanks to the new WorldLink service, Citibank clients can perform transactions in over one hundred of currencies. 2003 - Citibank services cover a comprehensive range of banking products and services for the widest range of customers, from large companies to small and medium-sized enterprises and individuals. In 2003, the bank has 700 employees working in seven branches and sales points. In addition, Citibank a.s. uses a unique distribution system - a network of sales representatives. Thanks also to high quality online banking and 24/7 CitiPhone service, Citibank a.s. operates all across the Czech Republic. 2003 - Citibank offers a dedicated payment card for small and medium-sized enterprises. In 2003, Citibank introduced a unique product for small and medium-sized enterprises in cooperation with VISA International – the VISA Business Electron international debit card. A competitor to this card has yet to emerge on the Czech market. 2001 - Citibank begins offering personal banking products and services of personal banking. The bank enters this highly competitive market offering accounts, credit cards, personal loans, and mutual funds. Since the beginning, Citibank, a.s. has stressed the use of modern direct banking tools - telephone and online banking. 2001 - Citibank made foreign exchange deals available to its clients through the FXLink online platform. 1999 - Under the CitiBusiness brand, Citibank is the very first bank on the Czech market to offer specialised services for the small and medium-sized enterprises (SME) segment. 1998 - Annual trade volume stabilises at approximately CZK 40 billion and Citibank opens two new branches, in Plzeň and Pardubice. 1997 - The growth of Citibank and the increasing number of local clients result in the opening of the first two branches outside Prague, in Ostrava and Brno. In this year, the bank also begins offering derivative products. 1996 - The CitiLeasing, s.r.o. sister company is founded, providing leasing services for its clients. 1995 - Citibank's business activities grow faster as more clients join the bank, and total trading volume exceeds CZK 25 billion. 1995 - In 1995, Citibank was named “Best Foreign Bank in the Czech Republic” for the first time. The bank went on to receive this Euromoney magazine award for the subsequent three years as well. 1994 - Citibank becomes a depository and custodian of securities. In 1994, Citibank introduced Custody Services so it could serve as a depository and custodian of securities for international investors. The portfolio of loans that Citibank granted to domestic companies this year was the largest among all foreign banks operating on the Czech market. 1993 - The total annual volume of all Citibank a.s. trades exceeds CZK 10 billion. 1993 - At the beginning of 1993, Citibank became a member and shareholder of the Prague Stock Exchange. 1992 - Citibank introduces Internet banking for corporate clients. The account is serviced through the MS DOS operational system. 1991 - Citibank a.s. begins operating in Czechoslovakia. When it launched operations on this market, Citibank focused on banking services for global corporations, major local companies, and financial institutions. Thanks to the services it provides, the bank gained an important position in several product areas including treasury, cash management, custody, and loan products. Legal Entity Citibank Europe plc, is company established and existing under the Irish law, registered seat at Dublin, North Wall Quay 1, Ireland, registered in the Register of Companies in the Republic of Ireland, under the number 132781, conducting its business in the Czech Republic through Citibank Europe plc, organizační složka, registered seat at Prague 5, Bucharova 2641/14, Postal Code 158 02, Reg. No. 28198131, registered in the Commercial Register with the Municipal Court in Prague, Section A, Insert 59288. Citi is a leading global provider of financial services. The bank manages approximately 200 million client accounts and operates in more than 140 countries worldwide. Through its two operating units, Citicorp and Citi Holdings, Citi offers individuals, businesses, governments, and institutions a wide range of financial products and services including personal banking and credit products, corporate and investment banking, securities trading, and wealth management. Global partner - 200 years of history and a presence in 100 countries Citi is one of the largest financial institutions in the world. The bank was founded in 1812 in New York as the First National City Bank and by 1890 had already become the largest American bank with a major influence on the development of banking, industry, and trade in the United States. Citi was one of the first banks to start expanding abroad, in the 1920s. The Citi group operates in over 100 countries worldwide, employs almost 300,000 people, and provides its banking, loan, investment, and other services to over 200 million private and company clients.More information about Citi financial group's long and proud history is available here Czech Republic Michal Nebeský, Citi Country Officer for the Czech Republic Michal Nebeský comes to Citibank from the Czech Railways company, where he worked as the Financial Director and Board member since 2008. He worked for Citibank already between years 1991 and 2008 on several top managerial positions, in 2002 as Risk Management Director in the Czech Republic. In 2006 his responsibility further expanded in countries such as Slovakia, Hungary, Romania, Bulgaria, former Yugoslavia and the Baltic states. Michal Nebeský graduated from The University of Economics in Prague, majored in international trade and finance. He speaks fluent English and Russian and partial Spanish. He is married with two children. CITIGROUP Michael Corbat, Chief Executive Officer Citigroup Biography is available here. 2010 Citibank Czech Republic has been named the'Best Corporate/Institutional Internet Bank' in the Global Finance Magazine awards for 'World's Best Internet Banks 2010'. In addition Citi was also awarded Best Information Security, Best Website Design, Best Trade Finance and Best Online Cash Management award categories in Central and Eastern Europe. Citi received 13 major product and regional awards in the annual Euromoney Awards for Excellence, including Banker of the Year honors for Vikram Pandit, Chief Executive Offi cer of Citigroup. GTS Treasury and Trade Solutions business was voted the #1 Cash Management Bank globally for the fourth consecutive year in Euromoney's annual cash management poll. Citi also ranked #1 in the Central and Eastern Europe region and also became the Lead Domestic Cash Management Bank in the Czech Republic for 2010. In the Czech Republic we are receiving this recognition for the second time in the row. 2009 Citi won the Financial Times / Mergermarket award for Financial Advisor of the Year for the Visegrad Group. The civil association Network of Mother Centres in the Czech Republic honoured Citibank for support programs designed for parenting employees with Family Friendly Certificate. Citibank has been recognized by Euromoney magazine as the Best Domestic Cash Management Bank. The bank also received award for Best Regional Cash Management Bank in CEE. 2008 Citibank Europe plc, organizační složka, has attained another major achievement by placing third in the MasterCard Corporate Bank of the Year 2008 contest. Citibank was again awarded for the top quality of its online banking CitiDirect. In an independent evaluation, the prestigious international magazine Global Finance again named the bank the Best Corporate/Institutional Internet Bank in the Czech Republic. Citi won the prestigious award "Best Bank for Cash Management" - The Banker magazine awarded the bank with this honor for the third time in a row. 2007 Citi has been recognized by Euromoney magazine as the Best Cash Management House in Central and Eastern Europe for the second year in a row. The bank also received two global awards for Best Emerging Market M&A House and Best ABS House. Citibank Europe plc, organizační složka won the Global Finance Best Corporate/Institutional Internet Bank Award 2007. 2006 Citibank received the esteemed awards in two categories (out of the three possible) upon the assessment of the Best co-brand cards launched in 2006 conducted by MasterCard. Citibank placed first in the Best 2006 Novelty category for its MasterCard Citi ČSA credit card and, it also won the Best Co-branded Card from the Client's Benefits Point of view category for its Shell MasterCard from Citibank In the MasterCard Bank of the Year 2006 competition Citibank was awarded the title of the "3rd Most Dynamic Bank of the Year 2006. Citibank placed first in a competition called the Best 2006 Financial Product organized by The Osobni Finance magazine for its Shell MasterCard from Citibank 2005 Citibank Named Winner in Global Finance Magazine's 2005 Award for "Best Consumer and Corporate and Institutional Internet Bank in the Czech Republic for 2005" 2004 In the Rhodos competition 2004, Citibank won the first prize for the most impressive image in the bank category. 2003 Citibank was placed first at the 100 Most Admired Companies in the Czech Republic poll for 2003 ("Financial Institutions" category) and also become the most admired company in the region of Prague. In the Rhodos competition 2003, Citibank won second prize for the most impressive image in the bank category. 2002 In the Bank of the Year 2002 competition, which was organized by the MasterCard company, Citibank was judged by experts to be the 3rd most dynamic bank of the year 2002. In the Rhodos Competition 2002, Citibank received 2nd prize for the most impressive company image 2002 Best Cash Management and Payment Bank in Emerging Europe 2002 Best Global Bank in Emerging Markets 2001 2001 Top Bank in Eastern Europe : Corporate Finance 2001 Best Service in Emerging Markets: Global Investor 2001 Best Arranger: Project Finance 2000 2000 Best in Custody: Global Investor 2000 Top Bank in European Currencies-CZK: Corporate Finance 2000 Best Emerging Market Bank: Global Finance 2000 Best CZK FX Dealer: Awards for Excellence 1999 Best Sub-Custodian and Clearing Bank: Global Investor 1999 Top Rated Custodian: Global Custodian Magazine 1997-99 Best CZK FX Dealer: Euromoney Awards for Excellence 1995-97, 1999 Best Foreign Bank in the Czech Republic - Awarded by the magazine Euromoney (Euromoney Awards for Excellence) Annual Reports Citibank Europe plc 2012 Annual report Citibank Europe plc 2011 Annual report Citibank Europe plc 2010 Annual report Citibank Europe plc 2009 Annual report Citibank Europe plc 2008 Annual report Citibank Europe plc 2007 Annual report Annual Report 2007 Annual Report 2006 Annual Report 2005 Annual Report 2004 Annual Report 2003 Annual Report 2002 Annual Report 2001 Annual Report 2000 Annual Report 1999 Annual Report 1998 Annual Report 1997 Annual Report 1996 In order to receive more detailed information about the bank's activities, we have included links to our annual reports. Annual reports are available in PDF format. In order to open the files, it is necessary to have the Adobe Acrobat program, which can be downloaded here. Bank's Results Information related to the publication of information by banks and branches or foreign banks as of 30.9.2008 Information related to the publication of information by banks and branches or foreign banks as of 30.6.2008 Information related to the publication of information by banks and branches or foreign banks as of 31.3.2008 Information related to the publication of information by banks and branches or foreign banks as of 31.12.2007 Information related to the publication of information by banks and branches or foreign banks as of 30.9.2007 (published on 13.11.2007) Information related to the publication of information by banks and branches or foreign banks as of 30.9.2007 Information related to the publication of information by banks and branches or foreign banks as of 30.6.2007 Information related to the publication of information by banks and branches or foreign banks as of 31.3.2007 Information related to the publication of information by banks and branches or foreign banks as of 31.12.2006 Information related to the publication of information by banks and branches or foreign banks as of 30.9.2006 Information related to the publication of information by banks and branches or foreign banks as of 30.6.2006 Information related to the publication of information by banks and branches or foreign banks as of 31.3.2006 Information related to the publication of information by banks and branches or foreign banks as of 31.12.2005 Information related to the publication of information by banks and branches or foreign banks as of 30.9.2005 Information related to the publication of information by banks and branches or foreign banks as of 30.6.2005 Information related to the publication of information by banks and branches or foreign banks as of 31.3.2005 Information related to the publication of information by banks and branches or foreign banks as of 31.12.2004 Information related to the publication of information by banks and branches or foreign banks as of 30.9.2004 Information related to the publication of information by banks and branches or foreign banks as of 30.6.2004 Information related to the publication of information by banks and branches or foreign banks as of 31.3.2004 (in agreement with the Decree No.123 Coll. of 15 May 2007 on prudential rules of banks, credit unions and investment firms and CNB Notification from October 26th, No. 24/2007 from November 8th 2007) Information Duty Publication of information on types and volume of provided investment services as of 31.12.2010 (published on 31.1.2011) Publication of information on types and volume of provided investment services as of 30.9.2010 (published on 29.10.2010) Publication of information on types and volume of provided investment services as of 30.6.2010 (published on 19.8.2010) Publication of information on types and volume of provided investment services as of 30.6.2010 (published on 30.7.2010) Publication of information on types and volume of provided investment services as of 31.3.2010 (published on 30.4.2010) Publication of information on types and volume of provided investment services as of 31.12.2009 (published on 29.1.2010) Publication of information on types and volume of provided investment services as of 30.9.2009 (published on 30.10.2009) Publication of information on types and volume of provided investment services as of 30.6.2009 (published on 31.7.2009) Publication of information on types and volume of provided investment services as of 31.3.2009 (published on 30.4.2009) Publication of information on types and volume of provided investment services as of 31.12.2008 (published on 30.1.2009) Publication of information on types and volume of provided investment services as of 30.9.2008 (published on 31.10.2008) Publication of information on types and volume of provided investment services as of 30.6.2008 (published on 31.7.2008) Publication of information on types and volume of provided investment services as of 31.3.2008 (published on 30.4.2008) Publication of information on types and volume of provided investment services as of 31.12.2007 (published on 31.1.2008) Publication of information on types and volume of provided investment services as of 30.9.2007 (published on 30.10.2007) Publication of information on types and volume of provided investment services as of 30.6.2007 (published on 31.7.2007) Publication of information on types and volume of provided investment services as of 31.3.2007 (published on 30.4.2007) (The data published until 31.12.2010 is in agreement with Decree No. 605/2006 Coll., stipulating certain information duties of an investment firm. The decree has been cancelled since 2011.) Exkluzivní program Citigold