Citibank Korea has been named Best International Bank in Korea for 2023 by finance publication Asiamoney.
KB Kookmin Bank will handle the retail customers of Citibank Korea as it gradually shuts down services for such clients.
Citibank Korea is gaining attention with its remarkable growth in the trustee services market. As of the end of April 2022, Citibank’s assets under custody growth has exceeded 11 trillion won ($8.7 billion) on-year, according to data provided by...
The headquarters of Citibank are pictured in central Seoul on Tuesday. Starting Tuesday, Citibank Starting Tuesday, stopped providing retail customers with savings, lending and credit card issuance as announced.
Two thirds of Citibank Korea's employees want to accept early retirement packages.
Citibank Korea is winding down consumer operations in Korea after failing to find a buyer for the business.
A number of companies are interested in acquiring the consumer banking business of Citibank Korea -- but not all of its employees.
Citibank Korea has signed a memorandum of understanding with Yanolja, an online hospitality company.
Citigroup announced on April 15 that it will shut its consumer operations in 13 markets, including Korea. This move is intended to help Citigroup achieve global competitive advantages and simplify its business in the long run, and is not based on...
Citibank Korea is pulling out of retail banking in Korea.
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