Is Citibank owned by China?
Is Citibank owned by China?
On April 2, 2007 Citi China became a locally incorporated bank in China, one of the first foreign banks to do so. As a locally incorporated bank, Citi China’s legal name is Citibank (China) Co., Ltd. (“”CCCL””) and is fully owned by its parent, Citibank N. A. Citigroup Tower, Shanghai.