Citibank Korea
From Wikipedia the free encyclopedia
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Finance |
| Founded | 1983 |
| Headquarters | Seoul, South Korea |
Area served | South Korea |
Number of employees | 3,681 (2011) |
| Parent | Citigroup[1] |
| Website | http://www.citibank.co.kr/ |
Citibank Korea (Korean: 한국씨티은행) is a South Korean subsidiary of Citigroup.
Citibank Korea was named the worst bank in terms of consumer complaints by the Financial Supervisory Service (FSS) in 2015.[2]
History
[edit]It was founded as KorAm Bank in 1983, which was acquired by Citibank in 2003.[3][4]
Branches
[edit]Citibank Korea currently has ATMs available in all 134 of its branches, facilitating transactions with most international cards. However, starting in 2017, Citibank Korea has set a goal to reduce its branch network from 134 to 32 in the country.[5][6][7]
Products & Services
[edit]Citibank Korea offers consumers and institutions a range of financial products and services, including consumer banking. The company also offers credit cards in Korea.
References
[edit]- ^ "Citi | Asia Pacific | Korea". www.citigroup.com. Retrieved 2019-02-13.
- ^ Tae-hoon, Lee (18 March 2015). "Citibank, KEB receive most consumer complaints". The Korea Observer.
- ^ "Citigroup to Acquire KorAm Bank for KRW 3.18 Trillion -$2.73 Billion-*". www.businesswire.com. 2004-02-23. Retrieved 2019-02-13.
- ^ "Citigroup buys KorAm for $2.6 billion". msnbc.com. 2004-04-30. Retrieved 2019-02-13.
- ^ "Citi cuts 75% of South Korea branches as Western banks struggle in market". Nikkei Asia. Retrieved 2019-02-13.
- ^ "Citibank Korea to close 80% of its branches". The Korea Herald. 2017-04-13. Retrieved 2019-02-13.
- ^ "Citibank Korea Plans to Close 80% of Branches, Triggering Employees' Protest". 비즈니스코리아 - BusinessKorea (in Korean). 2017-04-13. Retrieved 2019-02-13.
External links
[edit]| People |  | ||||
|---|---|---|---|---|---|
| Brands and companies |
| ||||
| Notable former executives |
| ||||
| Corporate directors | |||||
| Local entities | |||||
| Predecessors | |||||
| |||||
| Central bank | |||||||
|---|---|---|---|---|---|---|---|
| Specialized bank | |||||||
| Commercial bank |
| ||||||
 | This Asian bank-related article is a stub. You can help Wikipedia by expanding it. |