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Citibank (Canada Branch) |
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Citibank (Canada Branch) |
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Citi™ has had a presence in
Canada for over 50 years. The Bank have a consumer and corporate customer
base of more than 6 million individual accounts and businesses. The Bank
have more than 5,000 employees are located in every province and the Yukon.
Citibank proudly serve the customers and local communities every day,
providing financial solutions in corporate and investment banking, credit
cards, consumer finance, investment, leasing and private banking. Citi
operates in Canada through the Citibank®, Citi Cards Canada, CitiFinancial
and Citi Global Markets.
Citibank's global
strength to meet clients' comprehensive needs including provides large
corporate, government and institutional clients with a full spectrum of
solutions to their strategic advisory, financing and risk management needs.
With a global network of large number of intermediaries and counterparties,
Citibank offer access to a wide range of investment products and solutions
backed by reliable, unbiased and consistent advice.
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Citibank Canada committed to
develop and deliver the most innovative products, manage customer
experience, deliver quality service that contribute to brand strength,
develop a competitive advantage and enhance profitability, thus providing
value to the stakeholders of the bank. |
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Citibank (Canada Branch)
Category : Schedule III
SWIFT Code : CITICATTBCH
Address :
Citigroup Place
123 Front Street W, Suite 1100
Toronto, Ontario M5J 2M3
Canada
Telephone : +1 (416) 947-5500
Website : www.citibank.com/canada |
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Unlike the
Schedule I and
Schedule II banks,
as a Schedule III bank, Citibank
(Canada Branch) are NOT incorporated under the Bank Act and therefore
operate in Canada under other government-mandated restrictions.
Schedule III banks usually
operate within the country's largest cities
(being Toronto, Montreal, Calgary and Vancouver), under certain restrictions
mentioned in the Act. As of October 2010, there were 23 such banks in
Canada.
In Canada, the Office of the Superintendent of
Financial Institutions (OSFI) is responsible for administering a number of
federal statutes, including the Bank Act and the Trust and Loan Companies
Act, the statutes applicable to the regulation of banks and federal trust
and loan companies.
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