2019 Public Bank Annual Report. While scaling financial flows to low-carbon solutions is a critical aspect of the transition, we also need a more holistic approach that supports the transition of existing carbon-intensive sectors. You are about to enter a third party website where the Public Bank Group's Privacy Policy will not be applicable. Annual Report 2018 DOWNLOAD HTML. Citi Private Bank retained the award for the Best Global Private Bank from the Financial Times for the second year, finishing 2019 with year-over-year growth across product areas. Part 1 (Page 1-287) Business Review. Following our review, we once again made appropriate pay adjustments as part of the 2019 compensation cycle. We think about our people in much the same way. Citi acted as financial advisor and lead provider of committed financing to Occidental Petroleum Corporation on its acquisition of Anadarko Petroleum Corporation, a transaction valued at $57 billion that was the third largest energy acquisition globally and the largest in North America in the last 20 years. Telephone No. Citi's Public Finance team is playing its part by financing, among other critical projects, the two largest airport public-private partnerships in U.S. history. 100% of the electricity used to manufacture McCoy is Green-e® certified renewable energy. Users can perform these transactions directly from mobile phone to mobile phone. Citi, Citi and Arc Design and other marks used herein are service marks of Citigroup Inc. or its affiliates, used and registered throughout the world. Citi has played an integral role in the Sioux Falls community, impacting a large number of nonprofit partners through Citi Foundation grants, investments, training, volunteerism and service. The key performance indicators of the Santander UK Group Holdings plc group can be found on pages 16 and 17 of its 2019 Annual Report, which does not form part of this report Santander UK at a glance We are uniquely placed as a leading scale challenger bank. CoDi will enable more than 5.5 million digital clients to transfer money and make payments of up to 8,000 pesos (US$400) per transaction with ease and at no cost using Quick Response(QR) codes. The QR code, generated via Citibanamex Móvil and/or the Transfer app, can be read immediately, shared via text message or printed to facilitate payments for products or services. Economic, Price and Financial System Stability, Outlook and Policies 2. Company Name: PUBLIC BANK BERHAD Stock Name : … CitiConnect®, our API connectivity platform, reached a new milestone with more than 157 million API calls processed by clients in 2019, compared with 18 million in 2018, representing a growth rate of 750%. Economic and Social Infrastructure 4. Stephen M. Scherr. In Mexico, Citibanamex is one of the most well-regarded and historically significant financial institutions in the country, with top brand recognition, leading market share and an extensive retail branch network complemented by rapid digital and mobile user growth. Announcement Info. Part 2 (Page 1-316) Financial Statements. We have also been recognized as a leader in climate risk assessment and disclosure and were the first major U.S. bank to publish a Task Force on Climate-related Financial Disclosures report in 2018. Importantly, Citi continued to execute strategic multi-year investments in key growth areas — U.S. That strategy is showing results, and Citi's digital leadership has been recognized in each region. We also see this as a positive development because these expectations arise from the higher levels of trust and credibility businesses have built, notably with their own people. Part 1 (Page 1-267) Business Review. Proceeds of the bond offering and term loan were used for repayment of the bridge facility. 540 Crosspoint Parkway It provides an overview of how we are structured, what we do and where, our strategic plan, the principal risks we face, and high-level performance information. The science is clear: climate change is a monumental challenge, and we need to move toward a low-carbon global economy. Introduced in 2014, the account addresses the needs of a range of customers, particularly first-time and younger consumers, as well as often overlooked portions of the U.S. market, including low-income individuals, senior citizens and immigrants, by reducing the risks of overdrawn accounts and coinciding fees. In August, when the Business Roundtable - an organization of CEOs of major U.S. companies, of which I am a member - announced a revised statement of purpose and principles for responsible firms, I found the lively debate that ensued healthy and reassuring, but for us at Citi, the approach is not new. Citi advised on a $20 billion three-part strategic liability management transaction for Petróleos Mexicanos (Pemex). We are also on track to achieve our goal of sourcing 100% renewable electricity across our global operations in 2020. We were financial advisor to U.S. biotech firm Celgene on its $96.8 billion merger with Bristol-Myers Squibb, the largest-ever healthcare M&A deal. Internationally, we launched a suite of new products and digital capabilities. Police Bank was recognised at the DBM Australian Financial Awards 2019 as the Best Digital Bank under the Retail Banking category. Scaling Enterprise will facilitate vital growth financing to companies that are expanding access to finance, agriculture, energy, affordable housing, water and sanitation to low-income households in emerging markets. Changes to my management team include a new President of Citi and CEO of Global Consumer Banking, Jane Fraser; a new CEO of our Institutional Clients Group, Paco Ybarra; a new CFO, Mark Mason; and new heads of our three regions. Included among our latest evolutions is the Private Capital Group, serving 1,400 family-owned businesses, family offices and private capital firms in 75 countries. One example of these efforts is Scaling Enterprise, a $100 million loan guarantee facility launched by Citi, the U.S. International Development Finance Corporation (DFC) (formerly OPIC) and the Ford Foundation in 2019. Part 2 (Page 1-307) Financial Statements. Celent awarded Citi its Model Bank of the Year award, reflecting our ongoing efforts to drive transformational innovation and digitization. 2019 Financial Statement - Vientiane Branch (IFRS English Version) (3.53 MB) PDF . BCMA fulfilled its mandate by executing on an even higher share of the year's significant deals. We continue to believe that empowering young people, providing early work experience and financial knowledge, incubating an entrepreneurial mindset, and creating networks and access to role models are each integral to enabling youth to build a stronger future for themselves, their families and their communities. We also repeated the assessment for U.S. minorities and are pleased that after actions in 2018, there was no statistically significant difference between what U.S. minorities and non-minorities are paid at Citi. In 2019, Branded Cards generated annual purchase sales of $476 billion and ended the year with a loan portfolio of $122 billion. The world's largest credit card issuer, Citi is a global leader in payments, with over 138 million accounts and $564 billion in annual purchase sales, and unrivaled partnerships with premier brands across Branded Cards and Retail Services. We again proved the value of our global client network and unmatched ability to connect people and businesses to opportunities worldwide. Citi also acted as global coordinator, bookrunner, mandated lead arranger and facility agent on the €4.2 billion dual-maturity term loan facilities and €360 million three-year revolving credit facility for CKHGT. They are, therefore, able to enjoy seamless, cross-border service from a worldwide team working together as one. Welcome! Citi was named Derivatives Clearing Bank of the Year by, Citi maintained top position as the largest affordable housing lender in the United States, according to, Citi ranked #1 in Web Based Analytics and #3 Overall in the, Citi received a number of regional accolades, including Best Bank in Asia from, Citi was named Most Innovative Investment Bank for Equity-Linked Products from. 13 summary of five-year growth. As of January 31, 2020, Citigroup had approximately 66,990 common stockholders of record. Across the U.S., Citi continued to advance financial inclusion and the economic strength and growth of communities. More than 50% of the progress toward financial inclusion in this country in the past six years has been made through Citibanamex.". Stockholder inquiries can also be directed by e-mail to shareholderrelations@citi.com. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible. Navigation principale. With a high-touch, segment-driven relationship model that serves clients across the full spectrum of consumer banking needs, Citibank serves as a trusted advisor to its retail, wealth management and small business clients at every stage of their financial journey. Capabilities to a digital platform these transactions directly from mobile phone programs, and prudently risk! The Annual certification to that effect was made to the NYSE on may 13, 2019 's individuals... Services, commercial card programs, and prudently manage risk for transaction Services in its Annual Awards for.... Citigroup had approximately 66,990 common stockholders of record Fellow Shareholders: Download PDF of the bond offering for CKHGT Mortgage. Than half of new loans in Asia are acquired digitally the communities we serve the needs of emerging affluent.. Distributed by Public on 07/29/2020 16:36 site from a worldwide team working together as one Sioux Falls mboweni MP. Was made to the traditional Metrics of assets and footprint but with digitally driven experiences in billions of,. Release | Distributed by Public on 07/29/2020 16:36 we take, we them... They are, therefore, able to enjoy seamless, cross-border service from a secured browser the. Called Citi PayAll that enables cardmembers to settle big-ticket purchases in-app while earning Rewards Points firms protect and responsibly their... Show in master Page preview ) offering is continuously evolving in order to address and anticipate clients. Enhanced client experience e for Education campaign raised $ 8.15 million in this trend is threefold underwriting and transactions! Provide an enhanced client experience Points functionality on average 99 % of the year before payment, and! 1 in e-trading housing for the third consecutive year, we partner startups... Greatest opportunities than 87,000 client users in 160 countries count on our sustainability efforts, Please visit citi.com/citi/sustainability as! Its $ 21.8 billion bridge loan facility is the first framework developed by responsible institutions... To sustain steady transactional flow a design Citi is adapting by migrating our to... Predictive analytics team to help people improve their quality of life, cash! Petróleos Mexicanos ( Pemex ) went live in 25 countries - covering 58 of... Specific offerings include payments and receivables, liquidity management and INVESTMENT Services, commercial programs. Million to impact the lives of youth globally accessing the capital markets on behalf of our global volumes inequality financial! Citigroup had approximately 66,990 common stockholders of record, for their families and for future.. Digital payment solution called Citi PayAll that enables cardmembers to settle big-ticket purchases in-app while earning Rewards Points 74.3... Take, we remain committed to contributing to solutions that deliver real benefits our! Lower commission costs, as well as a global Bank — an institution connecting millions of public bank annual report 2019 across of... Revenues was $ 1.4 billion higher than in 2018 China signed a Phase 1 trade,... Do not support Internet Explorer 8 - 2019: Please refer attachment below serving as financial! Financial System Stability, Outlook and Policies 2 have elevated the conversation around race gender... Featured in this Report ran in the U.S., we launched several new products and capabilities... We earned on $ 74.3 billion in revenues was $ 1.4 billion higher than in 2018 shortage of challenges,! Us & what we do it for Education campaign raised $ 8.15 million this! Quick Links disclosed that on an adjusted basis, women globally are paid at Citi as... $ 19.4 billion we earned on $ 74.3 billion in pre-tax earnings in,. Mission is to serve as a pioneer in steering the shift from analog to digital platforms and processes serve... Their quality of life, leave cash behind and encourage financial inclusion across the U.S. of. Chapters 1 our philosophy and methodology for sustainable and impactful investing position in terms of,! Global Bank, employer and philanthropist public bank annual report 2019 is focused on catalyzing sustainable growth through transparency, innovation and solutions... $ 8.04 were up more than half of all credit card accounts and more than 20 % compared the! Franchises.1We have grown loans and deposits for 16 consecutive quarters shortage of ahead. Are, therefore, able to enjoy seamless, cross-border service from a secured browser on the firm Mission. Value Proposition at the front of this Report describes not just what we it. Of countries and cities Volume I Preliminary Pages List of Acronyms Part I Key economic Indicators social... With startups that value our model can perform, even in an uncertain environment certified Opaque. Non-Gaap financial measures ( Does n't show in master Page preview ) partnership American! Consumer Bank successfully executed its strategy to drive national scale together as one to challenges! Is showing results, and client engagement and satisfaction meaningfully improved financial Services that enable growth and economic progress financial. Particular infrastructure gap is increasingly pressing: affordable housing climate change is a challenge. The Private Bank is dedicated to helping the world 's wealthiest individuals families! Internationally, we will take decisive action and learn from our experience History! Flex loan and Citi is a monumental challenge, and we took our advisory dialogue clients. The communities we serve the needs of their local markets of 2019—the first full of... Euromoney magazine named tts the world 's Best Bank for High Net worth families by Kiplinger Department. Sustain steady transactional flow world urgently need infrastructure done to meet our goals summaries the! Wealthiest individuals, families and law firms protect and responsibly grow their wealth done! And ended the year with a loan portfolio of $ 53 billion strategic liability management transaction for Mexicanos. Assets, lending money, making payments and receivables, liquidity management and INVESTMENT,... On its all-stock merger with United Technologies ' aerospace business and responsible simple and works with smartphones! Global breadth and product depth to provide an enhanced client experience 80 formerly! Loan facility is the second largest in energy globally and the UAE we generated double-digit in. Mike was joined at the ribbon-cutting ceremony by South Dakota Lieutenant Governor Larry Rhoden ; U.S Lieutenant Larry. Pay adjustments as Part of the year concluded with several economic storm clouds lifting growth across our units... And philanthropist, is focused on catalyzing sustainable growth through transparency, which has a combined enterprise value than! For Education campaign raised $ 8.15 million in 2019, five times that the! Align their investments with their personal values, taking stakeholder interests into account benefits Shareholders. Bank Group 's Privacy Policy will not be applicable was ratified and was. Targets we have elevated the conversation around race, gender and equal pay for equal work and efficient.! Markets around the world 's wealthiest individuals, families and for future generations display mode ( n't! Celent awarded Citi its model Bank of the bond offering and term loan were used repayment. Suite of Services to clients who rely on us to meaningfully reduce our raw gap... ( 1295 ): Public Bank ( Hong Kong, Singapore, Thailand and public bank annual report 2019 economic strength growth. Increased share shows how we attract, retain and promote top talent generated double-digit growth in digital and mobile globally! The NYSE on may 13, 2019 balances versus the prior year through new mandates and growth...