Customers can now select from 35 different offshore funds in addition to the 20 local funds. Furthermore, this is the first time Hungarian customers will have access to these funds.

Citibank already offers our customers a wide range of investment products and we remain committed to further developing our wealth management proposition to offer the best long-term solutions for our customers, said Batara Sianturi, consumer business manager for Citibank Zrt. The introduction of Allianz Global Investors Europe funds shows how we are in a position to leverage on our global strengths, strong business positioning and the broadest product offering for the benefit of our customers in Hungary.

The four new mutual funds are Allianz RCM global emerging markets, Allianz RCM US equity, Allianz RCM euroland equity growth fund and Allianz RCM Europe equity growth fund.

The funds require a minimum investment amount of E2,000.