History of Citibank Singapore
Citibank first established its operations in Singapore on 1 July 1902. It was then known as the International Banking Corporation (IBC) and was the first American bank to set up a branch in Singapore. Located at 1 Prince Street, IBC was primarily involved in the trade financing of Malayan rubber and tin exports in the early twentieth century.
The rising affluence of consumers in the last 20 years created new opportunities. Committed to helping consumers achieve their financial goals, Citibank established the Consumer Bank in 1982, to cater to the needs of individuals and small businesses.
Euromoney Awards:
- Best Bank in Singapore (2008–2009)
- Best Bank in Asia (2009)
Read more about this topic: Citibank Singapore
Famous quotes containing the words history of and/or history:
“The history of medicine is the history of the unusual.”
—Robert M. Fresco, and Jack Arnold. Prof. Gerald Deemer (Leo G. Carroll)
“Jesus Christ belonged to the true race of the prophets. He saw with an open eye the mystery of the soul. Drawn by its severe harmony, ravished with its beauty, he lived in it, and had his being there. Alone in all history he estimated the greatness of man.”
—Ralph Waldo Emerson (1803–1882)