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Commercial banking: Citigroup interested in Africa

23/02/2022
Categories: Companies

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US bank Citigroup is aiming to jump into the markets with a caveat to focus on making the Citi network available to existing customers with a presence in multiple countries. In this perspective, the company intends to launch its commercial banking services in South Africa, Nigeria, Kenya and Egypt due to the presence of large multinationals in these countries. The bank is therefore going to conquer Africa but with the target of large and medium-sized companies.

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