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Citibank Lowers Base Rate.


Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 7, 2002

Citibank said today it has lowered its base lending rate to 4.25% from 4.75%, effective today, Thursday, November 7, 2002.

Citigroup (NYSE NYSE

See: New York Stock Exchange
: C), the preeminent pre·em·i·nent or pre-em·i·nent  
adj.
Superior to or notable above all others; outstanding. See Synonyms at dominant, noted.



[Middle English, from Latin prae
 global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company with some 200 million customer accounts in more than 100 countries, provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 7, 2002
Words:111
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