Press Release
Citigroup Inc. (NYSE: C)
31stAugust 2007
Citibank Raises Interest Yield on its Saving Account to 2.5%
Citibank, as the first banking house, has reacted to yesterday’s interest rates hike made by CNB. With effect as of Tuesday, September 4, 2007, the interest yield on its saving accounts is raised from 2% to 2.5% per annum.
Citi Saving Account does thus offer the highest interest yield that is available in the Czech market and, at the same time, it’s to be had under the most advantageous terms. Currently there is no other account existing in the Czech market that would offer similar interest proceeds starting with one Koruna’s worth of deposit in the account, plus the option to withdraw and use the money at any time.
For more information please contact:
Markéta Dvořáčková Andrea Machálková
Public Affairs Officer Communications Executive
Tel: 233 061 041 Citibank a.s.
Mobil: +420 724 356 358 Tel.: 233 062 781
e-mail: -mail:
Note for editors:
Citibank a.s. has been present in the Czech republic since 1991. The Bank has rapidly gained its position of the market leader in corporate banking and, Citibank’s offering of products and services has been gradually enhanced to include also small and medium-sized companies. Citibank a.s. entered the retail banking business in January of 2001 and, a number of products and services are offered to Citibank clients ever since, such as personal accounts, credit cards, personal loans, investing into mutual funds as well as CitiGold, the private banking services. For additional information about Citibank a.s. please refer to the following web site:
Citibank a.s. received the esteemed awards in two categories upon the assessment of the MasterCard Best co-brand cards launched in 2006. Citibank placed first in the Best 2006 Novelty category for its MasterCard Citi ČSA credit card and, it also won the Best Co-branded Card from the Client’s Benefits Point of view category for its Shell MasterCard from Citibank a.s.
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.Major brand names under Citi's trademark red arc include Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at or
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