Fact Sheet

Citi China
WHO WE ARE
Citi Inc. (NYSE: C) Citi is a leading global bank in China. We first opened our doors here in 1902, and became
one of the first international banks to establish an incorporated entity in 2007.
Citi’s Global Coverage
6 continents Today, we bank close to 1,000 MNCs - including about 70% of Fortune 500 companies -
More than 160 countries
over 350 local corporates and over 2,300 emerging corporates and middle corporates. By
and jurisdictions
listed market cap, we bank 85% of the largest 20 companies in China. We also have
128 currencies
dedicated China desks across the world supporting Chinese clients across our global
200 million customer
accounts
network.
We raised over US$30 billion for Chinese clients in 2020 from global capital markets,
CCCL Credit Rating: including in Hong Kong and New York. We serve our Chinese clients with around 6,000
AAA (S&P colleagues across 16 locations.
China, 2021)
Citi China remains resilient despite the impact of COVID-19. At the height of the outbreak in
Citigroup Tower
No.33 Hua Yuan Shi Qiao
China, we supported our clients and processed 100% of our transactions on time while
Road Lu Jia Zui Finance accelerating digitization.
and Trade Zone
Shanghai, 200120, QUICK FACTS
P.R. China
Tel: +86 21 2896 6000 • Citibank (China) Co., Ltd. (“CCCL”) (est. 2007) is 100%
www.citi.com.cn owned by parent Citibank N. A.

• The bank has a presence across 12 major Chinese cities,

Press Contacts
including Beijing, Shanghai, Guangzhou and Shenzhen,
Marine Mao and lending companies in four other locations serving
+86 21 2896 6366 rural counties and towns.
+86 1370 1847 881
[email protected] • Our China franchise is fully supported in technology by
Citigroup Services and Technology (China) Limited
(CSTC), headquartered in Shanghai with outposts in
Dalian and Guangzhou, provides technology support to
Citi in more than 40 markets around the world.

• 2020: Rated 'AAA' by S&P China — only the third global

bank to be rated by the agency's China subsidiary —
outlook stable.

WHAT’S NEW

• In April 2021, Citi announced it will pursue the set-up of

a securities company and a futures company in mainland
China, as it begins a new chapter focused on developing
its institutional business. The announcement came after
Citi said it will exit consumer banking in 13 markets, including mainland China, to focus investment on
businesses where it has the competitive advantages and scale necessary to drive higher returns for
shareholders. The exit is expected to take several months or beyond a year, and Citi continues to
serve its customers in the meantime.

© 2021 Citigroup Inc. All rights reserved. CITI and Arc Design is a registered service mark of Citigroup Inc. 1
 Fact Sheet
Citi China
• Leading the way in Custody: In August 2020, Citi became the first American bank to
secure a domestic fund custody license from the China Securities Regulatory
RECOGNITION
Commission (CSRC), and was first bank among the top 5 global custodians to do so. This AWARDS
sets us up ahead of most competitors in serving USD 16 trillion of assets under
management in the country. Best Bank in China - Global 2015-2021
Best Corporate and Institutional Advisor in
• Fighting COVID-19: Citi China donated USD 250,000 to help battle the virus. Citi China - Global 2016-2019
employees in China, with the company’s matching donation, raised close to RMB 1.7 (The Asset Magazine)
million to support relief efforts. A number of our colleagues volunteered at community
Best International Corporate and Investment
relief centers in Hubei province in the middle of the outbreak, demonstrating Bank in China 2019-2021
tremendous courage. Best Bank for Advising Chinese Institutions
on Belt & Road 2019
(Asia Money )
LANDMARK DEALS
2021 Global Green Finance Award
Global network: Citi fundraising for Chinese clients in global capital markets. (International Finance Forum)

• Pepole's Republic of China(China's Ministry of Finance): 4 billion euro-denominated 2021 National Partners Club
sovereign bonds in 2019, USD 2 billion 5 and 10 year unrated bonds in 2017 and 2018. USD (Yiyou Youth Center)
6 billion bond again in 2020 – first sold to US domestic investors in 17 years. 2021 Outstanding Responsible Company
2021 Innovative Charity Award
• Blockbuster fundraising for consumer sector leaders:Tencent Holdings USD 10 billion 2021 Social Responsibility Honor Award -
Block Trade in 2018 and Alibaba Group Holding Limited USD 7 billion bond sale in 2017 Excellent Enterprise
2021 Social Responsibility Honor Award -
• Alibaba’s USD 12.9 billion secondary listing in 2019 – the largest equity deal in Hong Kong Innovative Charity Award
since 2010 which made Alibaba the biggest listed company there (The 4th Social Responsibility Conference)

• Yum China USD 2.2 billion listing; Nongfu Spring USD 1.1 billion IPO The Outstanding Company on CSR Award
The Outstanding Charitable Program Award
• Sealed over USD 11 billion China Cross-border M&A deals in 2020, including the largest (China Charity Festival)
Chinese outbound M&A announced since 2019 and Volkswagen’s landmark acquisition of 2021 Shanghai Corporate Social
a strategic stake in A-share listed Gotion Responsibility Report Release Conference-
Best Practice Award
• Leader in ESG financing: Citi was the Joint Global Coordinator on Bank of China priced (Shanghai Federation of Economic
its global multi-branch ESG bonds, including a US$500mm bond and a EUR500mm bond Organizations &Shanghai Federation of
Industrial Economics)
via its Luxembourg Branch, and a US$500mm bond via its Singapore Branch. Citi was the
Joint Global Coordinator on China Construction Bank’s US$1.15bn Sustainability Linked Asia's Best Investment Bank 2020
Bond and a Joint Bookrunner on the EUR 800mm Green Bond, issued via its Hong Kong (Euromoney)
and Luxembourg Branches, respectively. In ECM, led back-to-back equity placements for Ranked #1 China Equity Sales by
Xinyi Solar, the world’s largest solar glass manufacturer. international investors
(2020 Institutional Investor All-China Survey)
• Leader in ESG advisory:Joint Global Coordinator and advised ESG disclosure for CNPC,
Sinopec and Yili totaling US$5.8bn issuance amount. #1 All-Asia Research, #1 Overall China
research
(Institutional Investor Survey)
KEY CAPABILITIES One of the Best Banks in China 2015-2019
(Forbes 2020 World's Best Banks)
• Global solutions and China opportunities: Hedging on/offshore for Chinese companies,
management of FX exposure through Citi's global network. Active market maker in Best Foreign Wealth Management Bank in
Mainland China 2018-2020
China’s interbank FX market; trade RMB options (since 2011); Among the first banks with (WEALTH )
access to China’s CIPS payments system (2015); license to provide futures margin
deposit service to QFII and RQFII clients (since 2018). Top Bank Among Best Corporate Citizens
(3BLMedia)
• Custodian for China investments: Citi offers custody services for international stock
and bond investors on major channels into the onshore market. Assets under custody for Outstanding Foreign Bank 2013-2020
(jrj.com)
QFII jumped 60% and 35% on CIBM Direct in 2020. Citi facilitated the first batch of
securities borrowing, lending and margin financing for QFII investors in 2020. Best International Bank 2019
Best Equity and Debt Deals Buyside Financial
• Full service in the world's 2nd largest bond market: Cross-border ‘Bond Connect’ Advisor on ‘Deal of the
Market Maker, holder of PBOC’s Type A Bond Settlement Agent license, Nafmii’s license Year’
(Finance Asia China Awards)
to underwrite interbank corporate bonds (since 2017); one of two foreign quoting banks
for Loan Prime Rate (LPR).

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