Citibank Launches Citigold Select for High Net Worth Clients

Written by Businesswire India | Mumbai, March 26: | Updated: Mar 26 2008, 21:22pm hrs
Citibank on Wednesday announced the launch of its super premium offering Citigold Select, which provides high net worth affluent customers a holistic suite of both retail banking and wealth management products and solutions that include investments, insurance, mortgage, business banking, retirement planning, succession planning and wealth transfer.

Citigold Select builds further on Citibanks existing successful and leading proposition for high net worth customers, Citigold, which is extremely popular with the HNI customers. With Citigold Select, the Bank will specially cater to its top Citigold clients whose needs are increasingly getting more complex and specific, requiring a higher degree of specialization.

The needs of each client are taken care of by a dedicated and experienced Relationship Manager who is supported by Service Relationship Managers and the Citigold Select advisory team consists of Portfolio Counselors and a team of Investment, Insurance and Treasury Specialists. All of them work in partnership with the client to derive financial strategies that are customised to the clients financial goals.

Launching Citigold Select, Mr. T R Ramachandran, Head, Retail Banking, Citibank N. A., India said, The launch of Citigold Select is in accordance with Citibanks strategy to offer superior products and services to meet the increasing aspirations of its sophisticated client segment. Our unique proposition stems not only from the depth of our expertise and our global capabilities, but also the breadth of our product range which is unrivalled in the affluent high net worth segment. We bring the best of retail banking and wealth management advisory to our clients, with products ranging from transactional accounts, mortgages, car loans, insurance, credit cards and investments, all the way through to trusts, managed accounts and private investment tranches unique to each individual clients requirements. The launch of Citigold Select is our latest initiative to add enhanced value to our clients.

According to Mr. Sameer Kaul, Head, Branch Banking, Citibank N. A., India, The Citigold Select offering represents Citibank at its absolute best, bringing together unique global capabilities of Citi in products and services, and harnessing the best of technological innovation for every individual client. Our emphasis on the HNI segment demonstrates the growing sophistication of the Indian market and the increasingly complex needs and expectations of these individuals. The Citigold Select banking experience would ensure that clients day-to-day banking and transactional needs are well taken care of - with seamless precision, within time, every time.

Citigold Select highlights:

-- Experienced and Senior Citigold Select Relationship Manager

-- Team of experts including portfolio counselors and expert research analysts

-- Quarterly investment research report Standpoint

-- Business Specialist to help create solutions that suit the financial needs of your business

-- Equity Brokerage and Advisory Services, brought to you by Citi Smith Barney

-- Citibank Ultima card

-- Jet Platinum credit card

--- Trust services

-- Art Advisory services

-- Exclusive meets and events across genres - business, financial and lifestyle

About Citi

Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citis major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Nikko. Additional information may be found at or