The Citibank is the name of Citibank National Association.Citibank is an Public Sector Company.Its was established in the year of 1812 and its main headquaters
in New York City,U.S(United States).Citibank is a worldwide bank having 3,800 branches in 38 countries.It is the greatest single marketplace with about 28% of branches.The bank is the largest holding company in United States.The Bank is the User part of financial services transnational citigroup.It has focused in major areas including San Francisco,D.C.,Houstan,Dallas,Chicago,etc Citibank 978 North America branches.the ownership and management of the bank was taken by Moses Taylor and john jacob is the receiver and the first president of the bank was the national leader & also retired military office,Samuel Osgood.The Bank became the National City Bank of New York by joining the U.S.'s new national banking system in 1863.In 1921,Charles E.Mitchell was elected as president and also made chairman in 1929,position he applied untill 1933.It became the first major U.S. bank to launch a forign defortment.
Citibank was awarded Global Bank of the year in THE BANKER'S annual awards in 2013 recently.
It was the 3rd greatest bank in the year of 2008 as individual bank.
The Bank has became a major sponsor of the "sydney swans" in 2005.On Dec 24,1927,its main headquarters in Buenos Aires,Argentina.In 1952,James Stillman Rocefeller was elected as president and in 1959 as an chairman until 1967.In 1960,David Rockefeller is an second cousin of james was became president of Chase Manhattan Bank.The bank has changed its name as The First National City Bank Of New York and then reduced it to First National City Bank in 1962.The outside links is Official website.
Later on it became the part of MasterCard,it has brought out its First National City Charge Service credit card famously known as the "EVERYTHING CARD" IN 1967.
It has created its own "one-bank hloding company" and wholly owned of that company.
In 1976,it was renamed as Citibank under the leadership of CEO Walter B.Wrist.CitiBank has launched the Automated Banking Card,by this customers can use their surveying citicard which allows the customers to perform all type of transactions without using any passbooksIn 1970,the bank was one of the first U.S.banks to establis the automatic teller machines,can available in 24 hours.It has more than 6,800 machines.
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