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Citi sees continued growth for PH exports

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Philippine export receipts were likely to continue a double-digit growth pace through the first half of this year on higher demand for nontechnology products, American banking giant Citigroup said.   For the month of November, Citi said the country’s exports likely grew by 20.5 percent year on year, faster than the 11.5 percent expected by [...]

Posted: January 9th, 2014 in Editor's Pick,Headlines | Read More »

Salcedo Auctions, Citi team up

Citi, the pioneer and leader in wealth management in the Philippines, is teaming up with premier auction house Salcedo Auctions to provide its Citigold clients access to professional advice on alternative investment opportunities such as art and jewelry. Citigold is Citi’s wealth management service and one of its most successful brands in Asia Pacific.

Posted: September 14th, 2013 in Headlines,Inquirer Features | Read More »

More Filipinos turning into investors

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Filipinos are better known as consumers than either savers or investors. But with rising consumer affluence and financial education making more inroads in this digital age, more and more are turning into investors as well. With the Philippines in the so-called sweet spot, opportunities abound on how to grow wealth.

Posted: June 3rd, 2013 in Headlines | Read More »

Citi also bullish on PH, other Asian economies

Global banking group Citi has joined the growing list of foreign banks that have turned bullish on Asia, saying key economies in the region are becoming the new “safe haven” for portfolio investments on the back of lingering problems in the United States and the Europe.

Posted: November 28th, 2012 in Headlines | Read More »

Filipinos’ ‘financial quotient’ highest in 5 years — Citi survey

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The “financial quotient” of Filipinos hit an all-time high of 52.6 points in 2011 as more people in the country have been engaging in savings, investments, and better credit management.

Posted: August 28th, 2012 in Latest Business Stories | Read More »

Citi Philippines awarded Best Foreign Commercial Bank

Citi once again won the nod for the Best Foreign Commercial Bank in the Philippines for the 14th consecutive year in FinanceAsia’s annual Country Awards for Achievement 2012. Hong Kong-based FinanceAsia, a leading financial publication in Asia, recognizes the best financial services firms in each country across the region with this award.

Posted: July 27th, 2012 in Latest Business Stories | Read More »

Citi upbeat on PH bonds

Citi said Philippine bonds were worth investing in, given projections that the government’s tax effort, a major indicator of credit worthiness, would continue to improve this year.

Posted: June 25th, 2012 in Editor's Pick,Headlines | Read More »

4k employees celebrate Citi bicentennial through community service

Citi’s 200th year coincides with its annual Global Community Day celebration, making it a meaningful occasion for its employees. Close to 800 Citi volunteers participated in the kick-off activity at the Habitat for Humanity site in Navotas city, where they participated in building activities and read aloud sessions with children.

Citi is celebrating its 200th anniversary through community service. On June 16, Citi will mark 200 years of serving clients around the world. As it approaches this milestone, the global leader in financial services is inviting its employees in more than 100 countries to celebrate the day through community service.

Posted: June 7th, 2012 in Headlines | Read More »

Spain likely to need bailout this year—Citi

Spain will likely need emergency help from international lenders this year to shore up its banks and public finances, a leading economist at major financial group Citi said on Wednesday.

Posted: March 28th, 2012 in Latest Business Stories | Read More »

Citi sweeps Best Bank in Asia awards

Citi in Asia-Pacific was awarded Best Bank by leading industry trade magazines IFR Asia, FinanceAsia and The Asset in their recently announced annual best bank awards. Earlier in 2011, Citi picked up a similar award from Euromoney in Asia making it a clean sweep for 2011 for Citi in Asia-Pacific, the first time the bank has picked up all four in a single year since 2004.

Posted: February 23rd, 2012 in Headlines | Read More »

Number of ‘rich’ Filipinos rising

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Citi has expressed optimism that the number of Filipinos belonging to the “emerging affluent” segment—composed of people with assets between $10,000 and $100,000—will grow by 10-12 percent every year over the medium term. The international financial institution said this trend poses a good opportunity for it to grow its business in the Philippines by marketing [...]

Posted: October 14th, 2011 in Headlines | Read More »

Citi: PPP still key to gov’t investment theme

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President Aquino may have left out the Public-Private Partnership (PPP) program for infrastructure-building when he delivered his State of the Nation Address (SONA) before Congress on Monday, but it remains a key investment theme for the Philippines in 2012, according to American banking giant Citigroup. In a research paper issued Tuesday, Citigroup said the President’s [...]

Posted: July 26th, 2011 in Headlines | Read More »

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