Citibank (Malaysia)
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Citibank Berhad is a licensed commercial bank operating in Malaysia headquartered in
Jalan Ampang Jalan Ampang or Ampang Road (Selangor state route B31) is a major road in the Klang Valley region, Selangor and the Federal Territory of Kuala Lumpur, Malaysia. Built in the 1880s, it is one of the oldest roads in the Klang Valley. It is a main r ...
, Kuala Lumpur. It operates as a subsidiary of Citigroup Holding (Singapore) Private Limited and began its banking operations in Malaysia in 1959. The bank was locally incorporated in 1994. Citibank Berhad has 11 branches across
Kuala Lumpur Kuala Lumpur (KL), officially the Federal Territory of Kuala Lumpur, is the capital city and a Federal Territories of Malaysia, federal territory of Malaysia. It is the largest city in the country, covering an area of with a census population ...
,
Selangor Selangor ( ; ), also known by the Arabic language, Arabic honorific Darul Ehsan, or "Abode of Sincerity", is one of the 13 states of Malaysia. It is on the west coast of Peninsular Malaysia and is bordered by Perak to the north, Pahang to the e ...
, Penang, Kuantan,
Malacca Malacca (), officially the Historic State of Malacca (), is a States and federal territories of Malaysia, state in Malaysia located in the Peninsular Malaysia#Other features, southern region of the Malay Peninsula, facing the Strait of Malacca ...
and
Johor Johor, also spelled Johore,'' is a States and federal territories of Malaysia, state of Malaysia in the south of the Malay Peninsula. It borders with Pahang, Malacca and Negeri Sembilan to the north. Johor has maritime borders with Singapore ...
.


History

Formerly known as First National City Bank, Citibank opened its first Malaysian branch in Jalan Medan Pasar, Kuala Lumpur with 17 employees in July 1959. Two more branches opened in 1965, another one in Kuala Lumpur and one in Penang. Citibank Berhad locally incorporated on April 22, 1994 making it the first American Bank to do so. Consumer and corporate banking operations were brought under one roof at the new headquarters, Citibank Menara, on June 11, 2001. In 2006, following the lifting of restrictions on foreign banks, Citibank opened branches throughout Malaysia in Bukit Tengah (Penang), Damansara Perdana (Petaling Jaya), Klang, and Puchong (Selangor). In 2009, Citibank opened another four branches in Taipan USJ, Cheras, Melaka, and Kuantan, expanding its branch network to eleven. On November 1, 2022, Citigroup completed the transfer of Citi Malaysia's retail banking and consumer credit card businesses to UOB Malaysia.


References


External links


Company Overview of Citibank Berhad
bloomberg.com {{Citigroup Banks of Malaysia Banks established in 1994 1994 establishments in Malaysia Citigroup Malaysian subsidiaries of foreign companies Privately held companies of Malaysia