Doing Business in the Middle East

About Citi Commercial Bank in the Middle East

CCB works closely with mid-sized companies around the world to customize commercial banking solutions that meet their specific needs for cash management, risk mitigation and cross-border financing.

Operating from offices in the UAE, Bahrain and Jordan, CCB's experienced, dedicated Relationship Managers provide clients with access to Citi's unrivaled global reach and local expertise for insights, advice and guidance on expanding domestically or overseas in the region's leading trade partner countries, including the US, India, Thailand, Singapore, South Korea and Indonesia.


Vincent Valladares

CCB Middle East Cluster Business Head

Mr. Valladares heads the Middle East cluster for Citi Commercial Bank, with over 16 years of experience in the commercial banking sector across various business and middle-office roles. In his previous role, he was the Head of Mid-Market Business for Citi Commercial Bank in India, where he built an impressive business around sophisticated mid-sized clients. Mr. Valladares is a management graduate from Jamnalal Bajaj Institute of Management in India.

"The Middle East is becoming a hub of business activities due to the excellent logistical facilities, infrastructure and connectivity by air and sea. At Citi Commercial Bank in the Middle East, we connect our local clients to the rest of the world and look forward to welcoming the international clients to set up their hubs in the Middle East with world class banking solutions."

- Vincent Valladares, Managing Director and Middle East Head, Citi Commercial Bank


Middle Eastern Market Snapshot:

Citi Commercial Bank has been serving Hong Kong for 50 years

Cities Covered by CCB Middle East:

Abu Dhabi, Dubai, Shahjah, Ajman, Ras Al Khaimah, Manama, Bahrain and Amman, Jordan

Rank in World Trade

Exports Imports
Merchandise 16 20
Commercial Svcs 44 18

Merchandise Trade Summary

Exports by Main Destination
1) India $9.6 billion
2) Iran $5.6 billion

$383.8 billion GDP


GDP Growth Expectations:

2014: 4.6%

2015: 4.5%

2016: 4.3%


Currency:

Emirati Dirham (AED)


Population:

9.35 million