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Citibank Rt. Opens New Branch in Kaposvar
December 9th, 2004
 

Citibank Rt., a member of Citigroup, today opened a new branch in Kaposvar, further strengthening the bank's position in the Hungarian market. This is Citibank's 22nd branch in Hungary, which now has a presence in 19 major cities in the country.

Situated in 7 Fo 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, "Citibank Hungary is a strategically important market for Citigroup and we are strongly committed to extensively grow our business in the next couple of years. This is the third branch Citibank opens in Hungary in 2004 and we have also opened four sales centers in various cities this year. Kaposvar 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."

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