Situated in 1 Petofi Sandor street, the branch will service consumer and the small and medium enterprise (SME) corporate customers. The retail offering spans the Citibank range - personal investment loans, credit and debit cards, accounts and investment instruments, and SME products on offer include cash management, trade and leasing, treasury, investment products and short and long term credit facilities.

Zdenek Turek, Citigroup Country Officer for Citibank Rt. said, "Today's branch opening is another important milestone in implementing our distribution strategy which aims to make it as convenient as possible for our customers to do business with us. Kecskemet is a significant economic, educational and cultural regional center and it was very important for us that besides existing channels - telephone, internet banking and sales agents - we also offered branch banking to our customers living in the city and its surroundings."

About Citigroup
Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries, provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com.

About Junior Achievement Hungary
Junior Achievement Hungary (JAM) is a licensed franchise of Junior Achievement International. The foundation has been running its programs in Hungary since 1992. Eleven separate programs targeted from kindergartens to high schools are currently being offered to 26,000 students in 86 cities and villages across Hungary. The mission of JAM is to provide students with the opportunity to learn about the business environment and free market economy through a dynamic partnership between businesses and schools. By attending these programs, students acquire knowledge and essential skills that will help them become educated consumers, more productive employees and more responsible members of the business community.