Citibank Malaysia (My)

 

 

Citigroup of the USA forayed into the Malaysian banking sector in 1959 and started its operations in the country. However, Citibank Malaysia (My) was incorporated in 1994 and offers a variety of products and services to retail and corporate clients.[br]

 

Citibank Malaysia (My): Services

Citibank Malaysia (My) offers the following products and services:

 

Credit Cards: Citibank Malaysia offers a wide variety of credit cards, accepted in more than 114 countries. Instant cash is available in 560,000 affiliated financial institutions and more than 1.7 million MasterCard and VISA ATMs. Some popular credit cards are Giant-Citibank Credit Card, Shell Citibank Credit Card and AirAsia-Citibank Credit Card. Under the Citibank Rewards Program, cardholders are entitled to reward points that can be used to redeem various items.

 

Loans: Loan seekers may apply for personal, home, real estate, mortgage or student loans that feature lower interest rates and enhanced flexibility. Following are some popular loan types:

• Citibank Homecredit Loan: Offers payment and withdrawal flexibility without any maintenance and commitment fee.

• Citibank Mortgage Power: Provides a range of overdraft rates. You can lower the interest rates by using more funds and use the money the way you wish to.

• Citibank Business Power Loan: Offers the flexibility of a credit line and checkbook facility. Daily interest calculation helps in reducing loan balance and interest payments.

 

Deposits: Customers can choose from a range of deposit accounts to get the maximum returns on their savings. You can also sign up for Citibank Alerting Service to receive timely reminders about payments and maturity. Online banking facility by Citibank Malaysia allows you to perform financial transactions while sitting at home.[br]

 

Investments: Citibank Malaysia (My) also offers asset management and several investment products. Customers can invest in unit trusts and market linked investments. The bank also offers market watch services to address the investment needs of customers.

 

Insurance: The insurance portfolio of Citibank Malaysia includes home insurance, share financing protection plan, credit card insurance travel and Bancassurance.

Financial Management: The bank’s financial management products enable customers to manage their funds and administer finances in the best possible manner.

 

Islamic Banking: All financial products and services offered under Islamic banking are compliant with Shariah.