Citibank exit Malaysia, Bye bye
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 Apr 15 2021, 09:27 PM
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#1
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Senior Member
1,356 posts Joined: Nov 2006 From: An Illuminati organization ..  
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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
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Apr 15 2021, 09:30 PM
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#2
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1,356 posts Joined: Nov 2006 From: An Illuminati organization ..
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QUOTE(langstrasse @ Apr 15 2021, 09:28 PM) Wadepak, any Citi account holders here? Most likely Citi will sell it's CASA and loan book to other local banksI haven't received any news from them, what happens to existing account holders?  gobiomani liked this post
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Apr 15 2021, 09:31 PM
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#3
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QUOTE(JoeK @ Apr 15 2021, 09:27 PM) Exit China and Australia too? China and Australia are dominated by very large local banking groupsThere also cannot makan? |
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Apr 15 2021, 11:07 PM
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#4
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QUOTE(L.Torreira @ Apr 15 2021, 10:37 PM) so what about the credit cards business? I am still having 370k citi miles Consumer operations includes the credit card businessIt looks like Citi will only be for corporate and SME once they close the consumer channels |
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