The Philippines has a special place in Citi’s history and we are always very pleased to expand our presence here and hire more of the local talent. Our story of growth in the Philippines is replicated across Asia Pacific where we have increased our retail branch network four-fold in the last four years, said Stephen Bird, CEO of consumer banking for Citibank Asia Pacific and responsible for leading the new savings branch.
Citibank Savings chairman Mark Jones, who is also the country business manager for the global consumer group at Citibank Philippines, added: Our increased presence also supports our commitment to helping more Filipinos secure their financial future. To this end, we want to be the ‘partner of choice’ in the personal wealth management sector.
With 36 branches nationwide, 23 of which are based in Metro Manila and 13 others in Northern Luzon, Visayas and Mindanao, Citibank Savings is well poised to target the growing local middle income market.