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Citibank Taiwan Partners with Industry Leaders to Launch Multi-Brand Citi Privileges Credit Card

August 22, 2007, Taipei – The multi-brand credit card has arrived in Taiwan with the introduction of Citibank's new Citi Privileges credit card.

Launched by Citibank with industry leaders, Wang Group, Vieshow Cinema and Lion Travel, the Citi Privileges credit card offers a wide range of dining, entertainment and travel benefits. A first-of-its-kind credit card in Asia, some of the rewards offered include:

* A bonus point for every NT $15 spent at co-branded stores
* A birthday "Buy one, get one free" meal offer from Wang Group eateries    » read more »

Citi Venture Capital International Commits Up to $20 Million to Aviv Ventures II

August 23, 2007, Tel Aviv/London – Citi Venture Capital International ("CVCI"), a leading private equity investor focusing in growth markets, has committed to invest up to $20 million in Aviv Ventures II, L.P ("Aviv II"), a venture capital fund managed by Aviv Venture Capital, targeting mid- to late-stage technology investments in Israel. Aviv II has a target capitalization of $100 million and is expected to have its initial closing at $50 million.    » read more »

Citi Celebrates Launch of RMB Corporate & Retail Services and Second Consumer Outlet in Guangzhou, China

First Foreign Bank to Launch Investment-Linked Insurance in Guangzhou

August 23, 2007, Guangzhou – Citibank (China) Co., Ltd. ("Citi") today held a celebration event to mark the launch of Renminbi ("RMB") services to Chinese corporates and residents in Guangzhou and to officially open a new consumer outlet. A number of other milestones in Guangzhou were also celebrated, including the expansion of Citibank's Citigold offering and the launch of an investment linked-insurance offering.    » read more »

Citi Taps Fed Discount Window for $500 Million to Fund Clients

August 22, 2007, New York, NY – Citi announced today that, on behalf of clients, its Citibank unit has accessed $500 million in 30-day term financing under the discount window program announced on Friday by the Federal Reserve Bank of New York.

Citibank carries a triple-A rating from Moody's Investors Service and a double-A-plus rating from Standard & Poor's, and has substantial liquidity and widespread borrowing capacity.    » read more »

Citibank Malaysia Launches Industry First "Citibank World Privileges on Mobile"

August 23, 2007, Kuala Lumpur – Citibank has again raised the bar in driving innovation in the credit card industry with the introduction of the "Citibank World Privileges on Mobile," the first service of its kind in Malaysia. The new service is expected to attract 100,000 users over the next two years.    » read more »

Citibank To Join In New York State Effort To Increase Funding For Civil Legal Services For Low-Income New Yorkers

New IOLA Regulations Take Effect Today Increasing Funding for Civil Legal Services by as much as $60 million

August 16, 2007 -- New York Governor Eliot Spitzer today appeared with state and local officials, as well as legal service providers at the Bronx offices of one of New York City’s largest non-profit providers of civil legal services for the poor, to announce that Citibank has agreed to participate in an expansion of the Interest on Lawyers Account (IOLA) program. The program will provide dramatically increased funding for civil legal services for low income New Yorkers.    » read more »

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