Citibank to double ATM network

Citibank, a member of Citigroup, announced today plans to double its proprietary ATM network across the UAE to reach 50 machines conveniently located in UAE's seven Emirates.

  • United Arab Emirates: Sunday, October 02 - 2005 at 16:17
  • PRESS RELEASE
Citibank ATM
Citibank ATM

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The bank, which currently maintains more than 25 offsite and onsite ATMs, recently installed state-of-the-art ATMs at Burjuman Shopping Center and Dubai Airport's Duty Free Area.

Pledging to install ATMs closer to customers, the bank plans to lift the number of ATMs to a total of 50 by yearend all across the country in convenient locations in order to make banking accessible to a growing number of customers. The bank has already installed state-of-the-art ATMs in the landmark Deira City Center Mall, Ibn Battuta Mall, Abu Dhabi Mall, Ajman City Center Mall, Sharjah Gold Souk, Al Manar Mall in Ras Al Khaima and other landmark locations across the country.

'At Citibank, we want to offer customers the convenience of banking from home, at neighborhoods, by phone as well as in the branch,' said Rajeev Kakar, Regional Head for Citibank's Consumer Bank in Turkey,Middle East & Africa, who is based in UAE. 'We continuously work towards building greater convenience and access for customers, through the introduction of new access channels to meet their growing needs, and the latest addition of ATMs at Dubai Airport and Burjuman Mall is a logical step in that direction.'

ATM network expansion falls within a series of service and product initiatives that the bank has been executing in the past 24 months. During this period, the bank introduced the pioneering 8-8 branch hours, personal loan and auto loan products, investment as well as insurance services, and wealth management plans.

The bank is currently a major player in the UAE's credit card market and a leading provider of consumer credit services. The personal banking offer is backed by the sophisticated CitiPhone Banking service, a virtual branch meeting all banking needs over the telephone.

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About Citigroup
Citigroup (NYSE: C), 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. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at www.citigroup.com

For more information, please contact:
Karim Seifeddine
Public Affairs Officer
Citigroup
Tel: +971 4 311 4392
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Sunday, October 02 - 2005 at 16:17 UAE local time (GMT+4)

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