Haiti - Economy : Citi (Citibank) will cease its operations in Haiti - HaitiLibre.com : Haiti news 7/7
Download the School calendar 2024-2025 (Official)





iciHaiti - World Ski Championship : Congratulations from the Minister of Sports

iciHaiti - Politic : 6 new promotions at the Ministry of the Environment

iciHaiti - Obituary : Tribute from the FHF to Gracia Metayer Jean

iciHaiti - Prep. U-20 Poland 2026 : Victory of the Grenadières [2-0] against the «Girls Squad» of Pétion-ville (friendly match)

iciHaiti - Construction and rehabilitation of the SAEP of Belle Roche and Lindor


more news


Haiti - News : Zapping...

Haiti - Politic : PNH Union gives an ultimatum

Haiti - FLASH : A FAd’H soldier killed and two others injured in violent fighting in Kenskoff

Haiti - FLASH : Our U-17 Grenadiers qualified for the Qatar 2025 World Cup (Video)

Haiti - News : Zapping...


more news


Haiti - Economy : Citi (Citibank) will cease its operations in Haiti
09/07/2024 09:33:05

Haiti - Economy : Citi (Citibank) will cease its operations in Haiti
Monday July 8, 2024, in a press release, Citi (Citibank) announces that it will cease its operations in Haiti and "[...] pursue the voluntary surrender of its banking license, with the approval of Banque de la République d’Haiti (BRH). However, international banking and correspondent banking services will continue for existing clients.

This difficult decision is part of a strategic business review done against client segments and market conditions and was made in part due to diminished international activity and lower institutional client demand in the country. This decision will not have a material economic impact to Citi, nor to its international clients. Citi has maintained a presence in Haiti for more than 50 years. It has played a significant role in helping companies, institutions, individuals, and communities in the country achieve their financial objectives, in addition to promoting investments and other activities that have contributed to the country's growth. Citi has also supported NGOs delivering critical services to the country during times of crisis.

[...]

Citi would like to thank its colleagues in Haiti for their dedication and exceptional performance, as well as our clients for their partnership over the years."


HL/ HaitiLibre

Twitter Facebook Rss
Send news to... Daily news...




Why HaitiLibre ? | Contact us | Français
Copyright © 2010 - 2025
Haitilibre.com