Citibank sets up fifth branch in China

Home>>Business

Last updated at: (Beijing Time) Friday, December 19, 2003

Citibank sets up fifth branch in China

Citibank has opened its fifth branch in the northern Chinese municipality of Tianjin. The US banking giant's four previous branches are in Beijing, Shanghai, Guangzhou and Shenzhen.

DISCUSSION

CHINESE

SEND TO FRIEND

Citibank has opened its fifth branch in the northern Chinese municipality of Tianjin. The US banking giant's four previous branches are in Beijing, Shanghai, Guangzhou and Shenzhen.

Stephen H Long, a senior bank official, said Tianjin was a Chinese economic center with active foreign investment and boomingfinancial services, and it had the potential to become a key city of finance.

Dai Xianglong, mayor and former president of China's central bank, the People's Bank of China, said, "Citibank and other leading international financial enterprises have expanded their business to Tianjin. It is good news for local commerce and the economy,"

Questions?Comments? Click here

Citibank China Branches into Personal Forex Investment Business

Citibank and Pudong Development Bank Boost Cooperation

Citibank Expands Business in China

China opposes foreign interference on HK affairs: Official ( 54 Messages)

China seeks int'l support in counter-terrorism ( 12 Messages)

Former Iraqi President Saddam Hussein arrested ( 101 Messages)

Nanjing Massacre remembered ( 54 Messages)

Abandoned Chinese babies find love from foreign parents ( 3 Messages)