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 Citibank exit Malaysia, Bye bye

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TSAsgaard
post Apr 15 2021, 09:24 PM, updated 5y ago

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This post has been edited by Asgaard: Apr 15 2021, 09:26 PM
SUSLawdRetep
post Apr 15 2021, 09:26 PM

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MALAS BABI
lorrydriverrocks
post Apr 15 2021, 09:26 PM

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Selective investment only
laksamana
post Apr 15 2021, 09:27 PM

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The bank is exiting consumer operations in Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam https://www.cnbc.com/2021/04/15/citigroup-c...gs-1q-2021.html
JoeK
post Apr 15 2021, 09:27 PM

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Exit China and Australia too?

There also cannot makan?
langstrasse
post Apr 15 2021, 09:28 PM

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Wadepak, any Citi account holders here?

I haven't received any news from them, what happens to existing account holders?
un.deux.trois
post Apr 15 2021, 09:28 PM

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Does retail banking include credit card? I just got a citi cc late last year. Won a ps5 sign up gift but no stock.
bashlyner
post Apr 15 2021, 09:28 PM

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What'll happen to my Citi CB card?
laksamana
post Apr 15 2021, 09:30 PM

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QUOTE(langstrasse @ Apr 15 2021, 09:28 PM)
Wadepak, any Citi account holders here?

I haven't received any news from them, what happens to existing account holders?
*
Most likely Citi will sell it's CASA and loan book to other local banks
acbc
post Apr 15 2021, 09:31 PM

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About time too.

Lucky already settled all outstandings with them.
laksamana
post Apr 15 2021, 09:31 PM

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QUOTE(JoeK @ Apr 15 2021, 09:27 PM)
Exit China and Australia too?

There also cannot makan?
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China and Australia are dominated by very large local banking groups
gundamsp01
post Apr 15 2021, 09:32 PM

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those who work in citibank will get retrenched?
Doomsday
post Apr 15 2021, 09:33 PM

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QUOTE(bashlyner @ Apr 15 2021, 09:28 PM)
What'll happen to my Citi CB card?
*
I was wondering too. I guess waiting which bank take over then ayam goina cancel all my citi cards.
langstrasse
post Apr 15 2021, 09:34 PM

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LowKeras
post Apr 15 2021, 09:34 PM

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Kek, maresia gomen no welcome them.

Their prefer tage bank
CaptainAmerica
post Apr 15 2021, 09:37 PM

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Means my citibank card can't pakai anymore?
Skylinestar
post Apr 15 2021, 09:38 PM

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QUOTE(un.deux.trois @ Apr 15 2021, 09:28 PM)
Does retail banking include credit card? I just got a citi cc late last year. Won a ps5 sign up gift but no stock.
*
kesian /k tertipu
ShinG3e
post Apr 15 2021, 09:39 PM

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QUOTE(langstrasse @ Apr 15 2021, 09:34 PM)
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btm is citibank. above is citi group. lain2.

dunno if citi group is affected thou.
quintesson
post Apr 15 2021, 09:39 PM

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theirs CC is one of the profitable segment if not the most. it makes whoever hold it is a privilege.
not.a.dupe
post Apr 15 2021, 09:40 PM

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QUOTE(CaptainAmerica @ Apr 15 2021, 09:37 PM)
Means my citibank card can't pakai anymore?
*
Kenot. Pass to me, will help dispose and cancel your cc

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