2.
A merchant bank is a financial institution that
provides capital to companies in the form
of share ownership instead of loans.
A merchant bank also provides advisory on
corporate matters to the firms they lend to. In
the United Kingdom, the term "merchant bank"
refers to an investment bank.
What is Merchant Bank
3.
• 1812 - founded as City Bank of New York.
• 1894 - became the largest bank in the United States.
• 1902 - began expanding internationally and became the
first major U.S. bank to establish a foreign department.
• 1930 - became the largest bank in the world with 100
branches in 23 countries outside the United States.
• 1976 - changed its name to Citibank.• 1981 - purchased
Diners Club.
• 1994 - opening of the first fully foreign owned commercial
bank in Russia
• 1995 - opening of the first full service branch in China
• 1998 - Citibank was merged into Citigroup
History of Citibank
4.
Citibank is the consumer and corporate banking
division of leading financial services company
Citigroup.
The company has operations in around 1,700
locations, in more than 140 countries worldwide
Citibank Background
5.
“Our goal for Citigroup is to be the most respected
global financial services To be the leader in
company. Like any other providing business public
company, were process management obligated to
deliver profits services to help and growth to our
customers. shareholders. Of equal importance is to
deliver those profits and generate growth
responsibly.”
Mission And Vision
6.
Banking
Credit cards
Investment and Insurance
Loans
Internet and Mobile banking
Cash management
Products and Services