Citibank: customer reviews

The first years after the collapse of the Soviet Union were marked by the appearance of a huge number of different banking organizations. One of these became the closed joint-stock company Citibank, the experts' reviews of which prophesy a successful future for him. This financial organization was established as a subsidiary of the American financial group Citygroup. Today, this bank occupies a leading position among the largest similar organizations of the Russian Federation, based entirely on foreign capital.

Citibank, whose branches can be found throughout Russia, represents a truly unique branch network. This financial organization has more than 50 representative offices and about 600 ATMs, it mainly deals with issuance of consumer loans and plastic cards to the population of the Russian Federation.

Citibank, reviews of which can easily be found in printed publications and heard from friends, is not only engaged in lending to the population, but also:

• Reception of deposits;
• Servicing of customer accounts;
• Operations in various securities markets;
• Issue of salary cards.

The client base, which this financial institution boasts, today has more than one million individuals and each reporting period is marked by an increase in this figure.

In all cities, employees of the organization "Citibank" (Moscow is not an exception) make their service focus on working with private clients, for whom a wide range of banking services has been developed and provided. Particular pride in the company's employees is a specially developed program of consumer lending, which is not only the most popular, but also the most profitable organization itself. Citibank, whose reviews can be found both positive and negative, provides a loan for a single day and does not require a huge package of documents, sureties or mortgages.

Another type of popular consumer lending is the processing of plastic cards. With this simple tool, the company's customers can always receive additional cash. The grace period of the plastic is 50 calendar days from the last reporting period. This means that if the last report was on the 1st day, even if the loan was taken on the 20th, the borrower must return the money before the 20th day of the next month, otherwise interest will begin to accrue on his loan. The rate for such loans is determined for each individual, but usually is about 40% per annum.

In addition to lending, Citibank, whose reviews are called its most stable financial institution in Russia, offers its clients capital investment services. In addition, it provides the possibility of placing savings of individuals in securities with fixed income. Also worth noting is the program for placing deposits in international mutual funds.

The clients of this organization are provided with all the main types of insurance from leading companies, discounts when paying by cashless settlement in a huge number of stores in the country and much more.