Citibank said IPB will offer a bouquet of offshore International Wealth Management products and services targeting sophisticated investors who wish to tap into international investment opportunities, available through the bank’s offices in London and Jersey.
Through dedicated investment experts based in IPB EMEA Bahrain Service Centre, target market clients will now receive a free financial health-check to help build tailored investment portfolios, and will have access to a diverse range of global investment products, multi-currency bank accounts, time deposits and 24/7 internet banking, said the bank.
These services compliment the bank’s onshore Citigold offering which focuses on providing clients with personalized and comprehensive financial planning solutions and wealth management products to help them preserve and potentially grow their wealth, as part of a comprehensive suite of banking services.
Citibank Bahrain CEO Mazin Manna said they chose Bahrain for this offering as part of their continuous investment in the country and due to the suitable regulatory environment that the government provides to the banking and financial sector.
"We are also keen on providing value added services to our clients in Bahrain and in select countries in the region," Manna said.
