Citi Vietnam donates 14 ICU beds to Thong Nhat Hospital  to support COVID-19 treatment

Citi Vietnam donates 14 ICU beds to Thong Nhat Hospital to support COVID-19 treatment

Citi Vietnam contributed nearly $50,000 in the form of medical equipment to Thong Nhat Hospital to facilitate the fight against the COVID-19 pandemic.
Citi report flags Asia to play leading role in building a sustainable future

Citi report flags Asia to play leading role in building a sustainable future

A new report from Citi revealed that more clients are embracing different areas of finance to meet their environmental, social and governance (ESG) goals.
Will Kasikornbank purchase Citibank’s retail business arm?

Will Kasikornbank purchase Citibank’s retail business arm?

Kasikornbank is said to be a bidder to purchase Citibank’s retail business to enhance its wealth management, consumer lending, and credit card operations.
Citigroup in retreat from retail banking

Citigroup in retreat from retail banking

Facing challenges from local rivals, some foreign financial institutions have withdrawn their retail banking businesses in Asian markets, including in Vietnam, and placed their priority on institutional customers. 
Citigroup to withdraw retail banking division from 13 markets, including Vietnam

Citigroup to withdraw retail banking division from 13 markets, including Vietnam

Citigroup has announced that it would withdraw its retail banking division from 13 markets in Asia, Europe, the Middle East, and Africa, including Vietnam.
Citi's commitment to net zero by 2050

Citi's commitment to net zero by 2050

Citi believes that global financial institutions have the opportunity and the responsibility to lead the transition to a net-zero global economy.
Citi selected as financial advisor to Gavi

Citi selected as financial advisor to Gavi

The mandate for the multi-billion dollar COVAX Facility demonstrates Citi’s continued commitment to pandemic relief.
US fines Citibank $400 mn for poor risk management practices

US fines Citibank $400 mn for poor risk management practices

US authorities fined Citibank $400 million over deficiencies in risk management practices and required an overhaul of internal controls at the global financial powerhouse, officials announced Wednesday.
Corporate bond bonanza shaking up local market

Corporate bond bonanza shaking up local market

Despite lingering risks, fears of an economic downturn, and low interest rates, there has been  a windfall of corporate bonds issuance, with property providers and financial institutions the most active.
PV Power to invest and build Nhon Trach 3 and Nhon Trach 4 thermal power plants

PV Power to invest and build Nhon Trach 3 and Nhon Trach 4 thermal power plants

PV Power to invest and build Nhon Trach 3 and Nhon Trach 4 thermal power plants with a combined capacity of between 1,300 to 1,760MW.
Vietjet secures longer repayment timeline on aircraft loan

Vietjet secures longer repayment timeline on aircraft loan

Vietjet has announced reaching an agreement with lenders HSBC, Citibank, and the World Bank to delay the repayment of its loans.
Foreign banks to arrange funds for LNG-fired power plants

Foreign banks to arrange funds for LNG-fired power plants

PetroVietnam Power Corporation (PV Power) has said that a consortium of Citibank and Ingbank will arrange funds for the construction of its gas-fired power plants Nhon Trach 3 and 4 in the southern province of Dong Nai.
Eximbank receives international STP award from Citibank

Eximbank receives international STP award from Citibank

Eximbank was honoured with the Excellent International Straight-Through Payment Award by Citibank.
Citi launches biometric authentication for institutional clients in Vietnam

Citi launches biometric authentication for institutional clients in Vietnam

Institutional clients of Citi in Vietnam and across selected markets in the region can now use fingerprint or facial recognition to access Citi’s institutional banking platform on mobile.   
Banks, insurers boost bancassurance to get returns

Banks, insurers boost bancassurance to get returns

Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.
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