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Citi International Personal Bank is now available in Citibank Romania’s offer

Autor: Bancherul.ro
2010-06-08 13:19

Citibank Romania is now providing more global opportunities and professional investment advice to Romanian investors with the launch of a comprehensive package of investment products, said the bank in a press release.

The newly launched offer, provides to Citibank Romania affluent clients the opportunity to diversify their wealth internationally, access global markets and a wide range of products, professional advice from a dedicated Relationship Manager and investments solutions tailored to their financial goals.

The investment products are designed for clients’ looking to diversify and improve their portfolio performance, access mutual funds bearing different risk levels and investing in global instruments and financial markets.

Kumar Ramachandran, Consumer Head of Citibank Romania, said: “Our strategy at Citibank Romania is to continuously enhance our wealth management solutions to make it easy and convenient for our customers to build portfolios that best serve their short and long term financial goals. Through the investment funds distributed by Citibank Romania the investors now have access to some global markets, to which, in other conditions, they would only have access at very high costs or through financial instruments with a high risk level”.

Citi International Personal Bank provides access to a diverse range of global investment products not available in the home country, such as buying and selling equities and bonds with International Brokerage service.
Romanian clients of Citi International Personal Bank with a wealth of USD100,000 or RON/EUR/GPB equivalent are able to receive investment advice in person from a locally based Relationship Manager, backed up by a team located in London.

Grant Carson, Business Manager of Citi International Personal Bank said, “With the growth in the mass affluent population in Central and Eastern Europe, we believe that many affluent clients in Romania are also looking for international wealth management solutions to complement their existing wealth management strategies. At Citi International Personal Bank our Relationship Managers are all investment qualified and help our clients to develop wealth management strategies that best fit their circumstances and financial needs. Whether they want to take an aggressive investment approach, or have a more cautious outlook we can use our range of products and expertise to help them.”

Products and services available through Citi International Personal Bank are:
• International brokerage services, including trading equities and bonds across 25 major markets and 38 exchanges.
• Access to a wide range of global Mutual Funds across all sector and asset classes through partnerships with a wide range of the world’s leading fund management companies
• New Structured Notes launched regularly that take advantage of current market conditions and Citi's expert investment advice. This ensures that these Structured Notes are always competitive and provide customers with the opportunity to benefit in changing markets
• Foreign exchange products and services, including Foreign Exchange Forwards and Dual Currency Placements, that have been created to give customers easy and quick access to the currency of their choice, and to enable them to manage fluctuations in exchange rates
• Time deposits with competitive interest rates in 12 currencies
• As well as other products such as Lending and wealth protection and structuring.

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