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Citibank in Thailand

Citigroup presence in Thailand dates back to 1969 with a History we are proud of. Today, Citibank provides a full range of financial services encompassing Consumer Banking, Corporate and Investment Banking and Private Banking. Together with our Citigroup Affiliates, we serve more than 600,000 customers and employ more than 1,400 staff in Thailand. Our success and commitment to Thailand are reflected in our size and breadth. As our latest Financial Statements show, Citibank is the largest foreign bank in Thailand as measured by deposits and assets. We are committed to growing with our customers and with Thailand.


Citigroup presence in Thailand began with the establishment of First National City Development Finance Corporation (Thailand) Ltd. in 1969. Ten years later, the company was renamed Citicorp Finance and Securities (Thailand) Ltd. (CFS). The company has spin-off its finance and security business and therefore Citicorp Finance and Securities has changed its name into Citicorp Finance (Thailand) Ltd. since 1 June 2000.

In 1982, Citigroup acquired the Diners Club franchise, including Diners Club (Thailand) Ltd., which was established in 1968 as Thailand's first card services company.

In 1984, Citibank acquired the Thailand branch of Mercantile Bank.

In 1985, Citibank received its own branch license and the Citibank Bangkok Branch was opened on November 1, 1985.

Citicorp Leasing (Thailand) Ltd. was established in1987. The company is engaged in the business of consumer auto finance and corporate equipment leasing.

In 1986, CitiCapital Ltd. was set up to provide investment and venture capital and corporate finance advisory services to start-up companies, existing companies looking to expand and companies planning to go public.

Citicorp Securities (Thailand) Ltd was registered as a limited company under the Civil and Commercial Code on 30 March 2000 before receiving a license to undertake a securities business on 17 August 2000.

Salomon Brothers Asia Pacific Ltd., a member of Salomon Smith Barney, added to the list on October 8, 1998 when its parent company, the Travelers Group Inc., and Citicorp merged to become Citigroup Inc., one of the world largest financial institution. The company was renamed to Citigroup Global Markets Asia Pacific Limited since April 2003.

In Thailand, Citibank provides a wide range of financial services to meet the needs of individuals and businesses:


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