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Citibank unveils DSF 2008 promotion campaign
- United Arab Emirates: Wednesday, February 13 - 2008 at 08:59
- PRESS RELEASE
Citibank, a member of Citi, today unveiled a comprehensive promotional campaign, coinciding with the Dubai Sopping Festival 2008, covering credit card usage and Personal Installment Loan.
During the campaign, customers applying for a Personal Instalment Loan are eligible for 50% processing fee waiver for applications received through kiosks at the above-mentioned malls. Citibank is also giving away 50 prizes worth Dhs49,500 to its Credit Card customers who will earn entries into a promotion raffle draw by simply spending Dhs100/- and above on their Citibank Credit Cards. Also, to earn additional entries, customers can book their transaction amounts into Easy Installment Plans, apply for Instant Loan and/or sign up for supplementary cards.
"We are pleased to be a Support Sponsor of the DSF 2008. The unique partnership between Citibank and the Dubai Shopping Festival is proving successful as the Festival continues to expand its scope," said Sanjoy Sen, Country Business Manager for Citibank's Consumer Banking business in the U.A.E. "This promotional campaign by Citibank is designed to maximize benefits to customers as they enjoy the unique shopping experience of Dubai."
Citi has been in the Middle East for nearly 50 years and currently offers consumer banking services in the U.A.E, Bahrain and Egypt. In the UAE alone, Citibank, the consumer banking arm of Citi, has had a presence for the past 42 years and is expanding its major operations within the country. The Bank is currently a major player in the U.A.E's credit card market and a leading provider of banking, Wealth Management and consumer credit services.
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Notes and media contacts
About CitiCiti, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com
Citi has been present in the United Arab Emirates since 1964 when Citibank opened its first branch in Dubai. Since then, the bank has been known for delivering excellence and consistently introducing world-class banking products and services to the UAE market.
Citibank leads UAE's credit card market and is currently a major provider of consumer credit services including personal loans. The bank has been consolidating its leading position in the UAE market over the past few years, while keeping the momentum of innovation and excellence in the development and delivery of customized banking products.
According to Visa International's quarterly member bank statistics, Citibank continues to rank as No. 1 issuing bank in the UAE market for retail spending across all categories of credit cards, and has maintained this position consistently for many years.
For further information please contact:
Aisha Ali
Media Relations Manager
Citigroup
Tel: ++971 4 311 4250
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Posted by Anne-Birte Stensgaard, Senior News Editor
