Citibank Customer Care Initially, the City Bank of New York was founded in 1812 by Samuel Osgood, the first President of Citibank. It was used as a treasure and financial service for the owner’s business. Later, in 1863, the City joined the American banking system and in 1868, became one of the largest banks in the country. After the establishment of the Federal Act, Citibank was allowed to become the first bank to start operations abroad; with offices in London, Shanghai, and Calcutta.The company was named Citibank in 1976. It was successful in building its own holding company and became the whole subsidiary of Citicoc.
Citibank Customer Care Numbers
With the client base, which runs close to hundreds of millions. The global brand in banking, Citibank, initially started as Citibank of New York. The widely praised bank for efficient operation and the majority of its share and customer base in the United States, about 26% of the country. They offer different services from several banking, including insurance, credit card, and other similar services.Citibank is more well-known for their online services. The company was named Citibank in the year 1976. It had managed to create its very own holding company and came to be a whole subsidiary of Citicorp.
The company is one of the pioneers in the world to employ technology for their services and was one of the first to use ATMs. In 1970, their ATMs could be used in seven-elevens all over the United States. Citibank is also one of the first companies that started their online services. In the coming years, with the World Wide Web, in 1991, Citibank came out of its website. By 1995, they allowed their clients to have direct online access to their accounts.
Citibank one of the worst banks to be hit during the recession that happened in 2008-09. The bank revealed that it needed to cut jobs worldwide in order to regain the money lost and re-stabilize.
Managing the non-banking such as part of brokerage and asset management. Citigroup also agreed to pay a fine of $285 million for a civil lawsuit penalty in the year 2012. However, they when we are able to perform admirably within the next few years and won the Global Bank of the Year in The Banker’s annual Award.