Citibank opens office in Slovakia, extending network in Central and Eastern Europe to six countries.BRATISLAVA, Slovakia--(BUSINESS WIRE)--Nov. 8, 1995--Citibank vice chairman William R. Rhodes William R. "Bill" Rhodes is the Senior Vice Chairman of Citigroup Inc. and the Chairman of Citigroup and Citibank. He is also Chairman of the Board of both the Americas Society today inaugurated Citibank's new office in Slovakia, bringing the bank's presence in the region to six countries. Citibank (Slovakia) a.s. is a 100% wholly-owned subsidiary of Citibank Overseas Investment Corporation. Speaking at the inauguration ceremonies, Mr. Rhodes Mr. Rhodes was an American television situation comedy which was aired by NBC as part of its 1996-97 lineup. Mr. Rhodes starred comedian Tom Rhodes as an eponymous character who taught at a small-town preparatory school after having failed as a novelist. said: "Our sincere objective in Slovakia is to develop a sound and profitable commercial banking franchise, complementing our highly successful operations in the neighboring economies of this increasingly dynamic region. At the same time," he continued, "we can help facilitate the flow of trade, improve cash management for our customers and assist leading Slovak companies This is a list of companies operating in Slovakia.
Commenting on the improvement in the country's economic performance over the last year, Mr. Rhodes said he believes Citibank's presence "will help send a signal to international investors and companies about the burgeoning business potential here in Slovakia." Customers of Citibank (Slovakia) a.s. will include local, regional and multinational companies, particularly those requiring trade and project finance facilities from a major financial institution. The bank's experience elsewhere in developing local interbank, foreign exchange, capital and acceptance markets, will allow its Slovak customers to benefit from the introduction of advanced financial technology and banking practices. Citibank also intends to provide development and training opportunities for local Slovak bankers. The subsidiary, which has been capitalized initially at SKK SKK In currencies, this is the abbreviation for the Slovak Koruna. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 500 million (approximately US$ 17 million) is managed by David C. Francis. Its offices are located at Viedenska cesta ces·ta n. A scoop-shaped wicker basket that is worn over the hand and used to catch and throw the ball in jai alai. [Spanish, basket, from Latin cista, chest; see chest.] 5 in Bratislava. Telephone : (42-7) 894 111. Facsimile : (42-7) 894 200. Citibank already has branches and offices in the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , Hungary, Poland, Romania and Russia, and is also represented in Central Asia with an office in Kazakstan. The bank has a direct presence in 96 countries and territories worldwide. CONTACT: Citibank, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Kenneth Campbell, 212/559 0048 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion