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Press Releases

January 24, 2024

Citi Foundation Announces 2024 Global Innovation Challenge to Strengthen Nonprofits Pioneering Solutions to Homelessness

  • The Citi Foundation has issued a Request for Proposals (RFP) for its latest Global Innovation Challenge , a funding model to help scale the impact of nonprofits around the world that are tackling some of society’s most pressing issues. The 2024 Global Innovation Challenge will provide a collective $25 million in catalytic funding to 50 community organizations working in novel ways to address homelessness.
September 11, 2023

Citi and BBS continue successful Bank of the Future course

  • Citi Hungary (Citi) and Budapest Business School Faculty of International Management and Business (BBS FIMB) are launching the “Building the Bank of the Future” course this September. Entering into its second year, the English-language experimental course welcomes a new crop of 30 students to develop an understanding of banking and what the bank of the future will be like.
May 17, 2023

Citi Foundation Invests Further $250,000 in Program Supporting Young People with Disabilities in Central Europe

  • Citi Foundation announced a new investment of $250,000 to the successful Ascend Program run by The European Disability Forum (EDF). The program was designed to build the disability movement among young people in Hungary and four other Central European countries: Bulgaria, the Czech Republic, Romania and Slovakia. This new grant takes the total investment in the program to $500,000.
February 3, 2022

Citi Foundation Invests $250,000 in European Disability Forum’s Program Supporting the Empowerment of People with Disabilities in Central Europe

  • Citi Foundation announced the launch of the new community program “Strengthening the Disability Movement in CE” to be implemented across five countries in Central Europe: Bulgaria, Czech Republic, Hungary, Romania and Slovakia, starting in 2022. The program will be rolled out in partnership with the European Disability Forum (EDF), a strong umbrella non-profit organization, led by persons with disabilities and their families, defending the interests of over 100 million persons with disabilities in Europe. In Hungary, the program will support the Hungarian National Council of Associations of People with Disabilities build their capacity to serve people with disabilities in the country by upgrading their communication systems, providing technical assistance in the assessment of national laws and policies, trainings on EU funding and advocacy, as well as youth engagement opportunities.
August 30, 2021

Citi Appointed Munir Nanji as Central Europe Cluster Head and Citi Country Officer for Czech Republic

  • Citi has announced the appointment of Munir Nanji as Central Europe Cluster Head and Citi Country Officer (CCO) for Czech Republic, commencing September 1, 2021. Munir succeeds Kevin A. Murray, who retired in August 2021, as the new Cluster Head. He will report to Kristine Braden, Europe Cluster Head and will be responsible for Citi’s franchises in Bulgaria, Czech Republic, Hungary, Romania, Slovakia as well as 11 non-presence countries in the cluster. In his role as CCO for Czech, which is subject to regulatory approval, Munir succeeds Michal Nebesky, who announced his intention to pursue new professional opportunities.

December 3, 2020

50 000 saplings in Pilisi Parkerdő – to mark Citi’s milestone anniversaries in Hungary

  • A double jubilee is celebrated by Citi in Hungary this year: 35 years ago, in 1985 Citi Hungary was founded, while the Citi Solutions Center, which is celebrating its 15th anniversary this year, was established in Budapest in 2005. Citi, which values sustainability very highly, wishes to make the double jubilee memorable by planting 50.000 saplings in Hungary.

September 30, 2020

People in Need Can Count on Us Even During the Second Wave!

  • Citi Foundation Donates HUF38,6 million to the Hungarian Red Cross in order to support communities in need impacted by covid-19 pandemic in the following months.

September 24, 2020

Citi Appointed Veronika Spanarova as Citi‘s Chief Executive Officer for Hungary

  • Citibank Europe plc appointed Veronika Spanarova as the Citi’s Chief Executive Officer for Hungary. In her new role, she will be responsible for leading the growth of Citi Hungary’s businesses whilst maintaining the highest standards of franchise soundness. Veronika replaces Mr. Kevin A. Murray in this role following his appointment as the CEP Branch Head and Citi Solutions Centre Head Poland. Beside his new role, Mr. Murray will remain Citi’s CEO for Central Europe.

July 15, 2020

Citi Named CEE's Best Bank for Advisory in Euromoney Awards for Excellence 2020

  • Citi was recently recognized as the CEE region’s Best Bank for Advisory by Euromoney in its 2020 Awards for Excellence. Held annually, Euromoney’s Awards for Excellence are regarded as one of the most prestigious award programs in the financial services industry.

January 23, 2020

Citi Hungary Appointed Balázs Toldi as the Head of its Commercial Banking Business

  • Citi Hungary appointed Balázs Toldi as the Head of its Commercial Banking Business (CCB) effective January 16, 2020.

June 13, 2019

Moon Museum 1969 Art and Space

  • The Vasarely Museum is celebrating the 50th anniversary of the Moon landing with a special exhibition documenting the connection between art and space through works made at the height of the Cold War and conveying people’s euphoric faith in technology.

July 13, 2018

Citi won Best Investment Bank in Central and Eastern Europe and Best Bank for Transaction Services in Central and Eastern Europe Awards

  • Citi Scoops Top Honors at the Euromoney Global Awards for Excellence 2018
  • Budapest, Hungary - Citi has been awarded World’s Best Investment Bank at the Euromoney Awards for Excellence 2018, held in London on 11th July. The bank was also named World’s Best Bank for Financing and World’s Best Bank for Corporate Responsibility.

July 18, 2017

Citi-Foundation-JA-Europe Launches new program to Celebrate 30th anniversary

  • JA Europe and the Citi Foundation celebrated 30 years of partnership with the renewal of a grant to work together in 19 European countries across Europe. Early this year, the Citi Foundation expanded their Pathways to Progress initiative globally with a $100million commitment to support 500,000 young people over the next three years to become career ready.

February 23, 2017

The US-Hungary Business Council has elected Mr. Kevin A. Murray as Chairman for 2017

  • Hungary. Budapest. The US-Hungary Business Council (USHBC) has elected Mr. Kevin A. Murray as Chairman for 2017. Mr. Murray is Citi’s CEO for Central-Europe and Country Head for Hungary.

January 4, 2017

Jane Ellis Appointed Citi Service Center Site Head for Hungary

  • Hungary, Budapest. Citi appointed Dr. Jane Ellis as the Site Head of the Citi Service Center Budapest (CSC Budapest). In addition, Dr. Ellis was also named the Region Head of Enterprise Supply Chain and Region Head of Citi Shared Services in Europe, Middle East & Africa.

July 7, 2016

Citi Celebrates 11th Annual Global Community Day in Hungary Together with more than 85,000 Citi Volunteers Across 500 Cities Around the World

  • Hungary. Budapest – On June 11 Citi celebrated its 11th annual Global Community Day, as more than 320 Citi volunteers in Hungary joined 85,000 colleagues, alumni, clients, family and friends in more than 500 cities in 91 countries and territories to engage in service activities in their local communities. In the days leading up to and including Global Community Day, Citi volunteers participated in more than 1,400 service projects ranging from urban revitalization to literacy and education, career readiness, environmental conservation and disaster relief.

June 28, 2016

CEO of Citi Hungary Kevin A. Murray Opens Citi-JA Hungary Young Entrepreneurship Program’s National Competition

April 21, 2016

Two Students Awarded the 2015 Andras Felkai Academic Award

March 2, 2016

Citi Appoints Kevin A Murray as Citi Country Officer for Hungary

December 19, 2013

Aftab Ahmed Hungary’s Citi Country Officer Launches the 2013/2014 Corvinus University–Citi Education Program

November 21, 2013

8,000 students involved in this year’s Citi Financial Education School Program in Hungary

Sept 25, 2013

Citi Hungary’s Plant-a-Tree Program in its 6th year brings a total of 150 thousand planted trees

Sept 18, 2013

Citi invites its cardholders to upgrade with Hotel Privileges

Sept 12, 2013

Three talented young Hungarian students receive the 2013 Andras Felkai Academic Award

Sept 12, 2013

Citi appoints Marc Luet new head for Russia and CEE

Sept 10, 2013

The Wilsons Student Enterprise from Hungary competed in London for the European Company of the Year 2013 Award supported by the Citi Foundation

Sept 5, 2013

NESsT and Citi Hungary announce four winners of the 2012/2013 Social Enterprise Development Competition

Sept 3, 2013

Citi Hungary’s Commercial Banking Clients can now monitor information on their partners through the free Citi-Opten PartnerWatch Service

Aug 28, 2013

Test in an online virtual game how you can earn high interest rate with Citi’s Premium Savings Account

Aug 14, 2013

Citi named winner for the eighth year in Hungary in Global Finance Magazine’s “World’s Best Internet Banks 2013” Competition

Aug 12, 2013

Aftab Ahmed appointed Citi Country Officer for Hungary and Cluster Head for Hungary and the Balkan and Baltic Regions

Jul 11, 2013

More than 100 Citi Volunteers in Hungary joined 66,000 colleagues in 95 countries to mark company’s annual Global Community Day with service activities

Jul 4, 2013

NESsT and Citi award the Blue Bird Foundation with USD10,000 in the 2012/2013 Social Enterprise Performance Competition in Hungary

Jul 2, 2013

Citi customers in Hungary now have a better digital experience built for their needs

May 7, 2013

Citi Hungary named Best Foreign Bank and Best Investment Bank in Hungary in EMEA Finance’s Europe Banking Awards 2012

April 26, 2013

Citi to acquire ING’s Custody and Securities Services Business in Central and Eastern Europe with €110 billion in assets under custody

April 22, 2013

Hungary celebrates 50,000th Citi Life Credit Card customer

April 4, 2013

Citi Hungary’s 2012 performance remains strong in a challenging environment

March 7, 2013

The New Generation Innovative 0 HUF Bank Account from Citibank Hungary offers outstanding benefits to customers

March 6, 2013

Citi Hungary named the Primary Dealer of the Year in 2012 by the Hungarian Government Debt Management Agency

December 13, 2012

8,000 students involved in this year’s Citibank Financial Education School Program in Hungary

December 10, 2012

Citi Hungary started the distribution of the Premium Euro Hungarian Government Bonds with a 5.1 percent initial annual interest rate

November 20, 2012

Citibank Hungary's Zero Fee Bank Account receives Best Bank Account Award for the fifth time in the MasterCard – Bank of the Year Competition

November 13, 2012

Citi Hungary opens an exclusive Citigold Center with digital features at MOM Park Shopping Mall in Budapest

October 29, 2012

Citibank makes 500,000 customer calls representing some 250,000 minutes annually more convenient and faster with new Mobile Phone Recognition from CitiPhone

October 25, 2012

Citibank Hungary's Citi Country Officer Batara Sianturi launches the 2012/2013 Corvinus University–Citibank Education Program

October 17, 2012

NESsT and Citibank Hungary launch their 2012/2013 Social Enterprise Development Program in the business sector

October 16, 2012

Citibank's credit cardholder customers are first in Hungary to pay with a Sticker in the contactless PayPass System

October 8, 2012

Citibank's Plant-a-Tree Program in its 5th anniversary brings a total of 111 thousand planted trees

October 2, 2012

Citibank Hungary's new Premium Personal Loan is now available from a 17.9 percent interest rate

September 13, 2012

Fifteen paintings of four Roma Gallery artists exhibited in the Budapest Citi Service Center headquarters

September 3, 2012

NESsT and Citibank Hungary announce winners of the 2011/2012 For-Profit Social Enterprise Competition

August 29, 2012

Five talented young Hungarian professionals receive the 2012 Andras Felkai Academic Award

August 8, 2012

Citibank Hungary takes the top notch in three categories in Euromoney's FX Poll 2012

August 6, 2012

Citibank named Best Corporate/Institutional Internet Bank in Hungary for the seventh year by Global Finance magazine

July 26, 2012

Citibank Hungary introduces 19.9 percent interest rate Debt Consolidation Loan

July 16, 2012

Representatives of twelve social enterprises from the NESsT-Citibank Social Enterprise Development Programs participated in an interactive roundtable discussion with Citi's EMEA Consumer Bank CEO, Marc Luet

June 25, 2012

Bea Előd appointed as the Budapest Citi Service Center Head and EMEA Citi Shared Services Chief Administrative Officer

June 20, 2012

Citi volunteers in Hungary commemorate company's 200th anniversary on annual Global Community Day

June 13, 2012

Four Hungarian students receive award in the 2012 Corvinus University-Citibank Program Case Study Competition

June 11, 2012

NESsT and Citibank announce 2012 Social Enterprise Competition winners at Hungarian Venture Capital Association (HVCA) Conference

June 7, 2012

Citibank launches Citi Alumni Network in Hungary

May 8, 2012

Citibank Hungary named Best Foreign Bank and Best Investment Bank in Hungary in EMEA Finance's Europe Banking Awards 2011

April 4, 2012

Citibank Hungary's earnings before tax in 2011 rose 26.4 percent in a challenging environment

March 26, 2012

Double digit interest rate opportunity for Citibank Hungary's customers with the Citibank Premium Deposit available in six currencies

March 12, 2012

Citibank Hungary Named the Primary Dealer of the Year in 2011 by the Hungarian Government Debt Management Agency

February 29, 2012

Citi Private Bank in Hungary top rated in six categories in Euromoney's 2012 Private Banking and Wealth Management Survey

January 19, 2012

An enhanced digital experience and new features with the new Citibank Hungary Mobile Banking applicationalkalmazás

December 20, 2011

8,000 students involved in this year's Citibank Financial Education School Program in Hungary

December 15, 2011

Extended benefits and PayPass contactless payment functionality for Hungary's Citi Life credit card members

December 14, 2011

First and unique in Hungary – Citibank offers its customers 16 mutual funds of J. P. Morgan Asset Management

December 13, 2011

Citibank Hungary launches another first in the market: the unique free Internet Secure Code Service to enhance online purchase security

December 6, 2011

Citi and the Financial Times launch Global Ingenuity Awards to recognize emerging leaders transforming Cities for the future

December 5, 2011

Citibank Hungary launches the Citi Plus preferential consumer proposition

November 16, 2011

Citibank Hungary's Zero Fee Bank Account for the fourth time voted the Best Bank Account Award in the MasterCard – Bank of the Year Competition

November 14, 2011

Citibank Hungary's CCO Batara Sianturi launches the 2011/2012 Citibank–Corvinus University Education Program

November 9, 2011

Clients vote for Citibank as the Best Cash Management Bank in Hungary in Euromoney's 2011 Annual Cash Management Survey

October 27, 2011

Citibank Hungary employee volunteers joined the sixth annual Citi Global Community Day

October 26, 2011

NESsT and Citibank Hungary launch their 2011 For-Profit Social Enterprise Development Program

October 24, 2011

Citibank Launched New Mobile Solution: CitiDirect® BE Mobile

October 20, 2011

15 thousand trees are planted this fall in Citibank's 2011 Plant-a-Tree Program

October 19, 2011

Citibank Hungary's SME clients have now access to the Combined Credit with Guarantee Program announced by the National Development Office

Octoberr 18, 2011

NESsT and Citibank Hungary announce winners of the 2010/2011 For-Profit Social Enterprise Competition

October 17, 2011

Citi Global Transfers launch in Hungary enables real time account transactions to 26 countries around the world

September 28, 2011

Citibank Hungary launches unique CitiPlanner in support of its world class Citigold wealth management proposition

September 8, 2011

Consumers can get instant responses to their enquiries through the banking market first CitiChat live service from Citibank Hungary

September 5, 2011

Six talented young Hungarian professionals receive the 2011 Andras Felkai Academic Award in the year celebrating the program's 10th anniversary

August 24, 2011

Citi named Best Global Emerging Markets Bank and Best Global Transaction Banking House in 2011 by Euromoney magazine

August 17, 2011

Citibank Hungary named winner for the sixth time in Global Finance magazine's Awards for the "World's Best Internet Banks 2011"

August 15, 2011

Citibank Hungary launches Mobile Banking

June 29, 2011

Four Hungarian students receive Award in the 2011 Citibank-Corvinus University Program Case Study Competition

June 27, 2011

Extra HUF10,000 cash back to all new Magyar Telekom-Citibank credit card customers from Citibank Hungary

June 8, 2011

NESsT and Citi present awards to winners of the 2010 Social Enterprise Competition in Hungary, the Czech Republic and Slovakia

June 2, 2011

For the third year in a row free airline tickets for all new Malév-Citibank credit card customers from Citibank Hungary

May 25, 2011

Outstanding free life insurance for Hungary's Citigold customers

May 18, 2011

17 partners in 700 retail outlets offer outstanding benefits to Citibank Hungary's new Citi Life World MasterCard credit card customerst

April 28, 2011

Citibank Hungary achieved positive results in 2010 in a challenging environment

April 21, 2011

34 civil society organizations from record 74 applicants selected to participate in the 2011 NESsT-Citi Regional Social Enterprise Competition

April 4, 2011

Outstanding free life insurance for Citibank's Zero Fee Bank Account holding customers

March 17, 2011

Citibank celebrates 25 years of serving the clients and the community in Hungary