Citibank Ukraine Announces Web-based Transaction Banking For Corporate Clients
CitiDirect® Online Banking for Payments Now Available
28 May 2003, Ukraine - Citibank Ukraine, a member of Citigroup, the premier global financial services company (NYSE:C), announced today that its corporate clients can now perform banking transactions via CitiDirect® Online Banking, the award-winning Web-based corporate banking platform.
Using CitiDirect® Online Banking, corporate clients can initiate payments in numerous currencies, send foreign exchange and deposit requests and obtain account status and transaction reports in real time. CitiDirect® Online Banking was introduced in October 2001 in the Ukrainian market with information services functionality only. "Deepening relationship with our corporate clients, who are comfortably using our Web-based banking service, is an important focus of our business. Our clients now have access to truly powerful account management tools to perform a full range of banking transactions," said Witold Zielinski, Chairman of the Board at Citibank Ukraine.
Clients access the CitiDirect platform via a single secure sign-on; system upgrades download automatically and new functionality appears on a regular basis. "CitiDirect® Online Banking has become an integral component of our customers' business transactions world-wide. Now our customers in Ukraine have access to the same state-of-the-art transaction banking technology. CitiDirect® Online Banking brings a new level of banking experience to clients while maintaining the highest security standards so critical for the corporate sector," added Sajeev Viswanathan, Business Manager, Citigroup Global Transactions Services, CIS Cluster (Russia, Kazakhstan, Ukraine).
Named Best of the Web in the Financial Services category by Forbes.com in the fall of 2002, CitiDirect® Online Banking is currently available in 20 languages and has also been recognized by numerous trade journals throughout the world such as Global Finance, Treasury & Risk Management, FinanceAsia and Euromoney - including being named the Best Web Site for Cash Management Services by euromoney.com in 2002 for the second consecutive year.
CitiDirect® Online Banking is available to corporate clients in more than 90 countries. Based on advanced and secure Internet technologies, CitiDirect® Online Banking not only increases efficiency and improves the ability of corporate treasurers to make critical cash management decisions, but also provides access to the complete portfolio of corporate banking services provided by Citibank all over the world. To view an online demo and take a guided tour of CitiDirect® Online Banking's capabilities, please visit www.citidirect.com
About Citibank Ukraine
JSCB Citibank (Ukraine) was registered and has conducted active
operations in Ukraine since 1998. It belongs to the group of "Large
Banks" according to National Bank of Ukraine classification (number
17 by the size of net assets in Ukrainian banking registry compiled
by NBU as of January 1, 2003).
About Citigroup
Citigroup (NYSE: C), the preeminent global financial services 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, Smith Barney, Banamex, and Travelers Life and Annuity.
Additional information may be found at:
www.citigroup.com.
