PRESS RELEASES

PRESS RELEASES
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For Immediate Release
Citigroup Inc. (NYSE: C)
March 14, 2018

Citi appoints Mridula Iyer as the Head of Treasury & Trade Solutions (TTS) for Citi South Asia

Mumbai: Citi today announced the appointment of Mridula Iyer as the Head of Treasury & Trade Solutions (TTS) for Citi South Asia, covering India, Bangladesh and Sri Lanka. She will report to Rajesh Mehta, Asia-Pacific Head at Citi for TTS, and Pramit Jhaveri, CEO, Citi India

Mridula, who has been with Citi for 22 years, has gained a wealth of experience across Cash Management, Trade Services, Securities Services and Compliance. Her most recent role was Head of TTS Cash Products, where she led the growth of Citi India's cash business with a focus on innovation and digital capabilities for clients. She has been a key member of the TTS India and South Asia management team.

In her new role, Mridula will lead the TTS business, which provides integrated cash management and trade finance services to multinational corporations, financial institutions, and public sector organizations, and be responsible for growing the business in India, Bangladesh and Sri Lanka. Mridula's client relationships and proven track record of building teams to drive business growth will be instrumental in taking the TTS business to the next level. A Chartered Accountant by qualification, she has a Bachelor's degree in Commerce from Mumbai University.

Mridula takes over from Debopama Sen who was recently elevated as the head of Treasury and Trade Solutions (TTS) business for Singapore and ASEAN.

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi |
Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

About Citi India:

Committed to India for over 110 years, Citi takes pride in being a premier locally embedded financial institution, backed by an unmatched global network. Citi is an employer of choice in India offering consumers and institutions a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, brokerage, treasury and trade services, securities and fund services and wealth management. In line with our commitment to make a positive difference in the communities we work, Citi India's citizenship program targets its strategic efforts in the priority areas of Financial Capability & Asset Building, Microfinanc e, Enterprise Development, and Youth, Education & Livelihoods.

Additional information may be found at: www.citibank.co.in | Facebook: www.facebook.com/citiindia Additional information may be found at: www.citibank.co.in | Facebook: www.facebook.com/citiindia

For Immediate Release
Citigroup Inc. (NYSE: C)
March 5, 2018

Citi India Launches Home Loan Solutions Linked to Treasury Bill
Furthers Transparency on Home Loan Rates in India
Interest rate to be reviewed and reset every quarter based on 3-month Treasury Bill Rate

Mumbai: Citi today announced the launch of India's first home loan linked to the 3-month Government of India Treasury Bill Benchmark Rate (T-Bill), giving home buyers the opportunity to take part in a floating rate, benchmarked to a publically available external reference rate, which is driven by market forces and in line with international markets such as the U.S., Singapore, Taiwan and Hong Kong.

This newly introduced T-Bill linked home loan is based on the 3-month T-Bill rate published on the 12th of each month by Financial Benchmarks India Pvt. Ltd. (FBIL) and is available to all new and existing home loan customers. FBIL is recognized by Reserve bank of India as an independent Benchmark administrator.

“Citi is proud to partner its customers looking for a mortgage product that is simple and transparent. The Treasury Bill linked home loan is in line with global best practices, local regulatory expectations on the use of external benchmarks, and also offers a better client experience. We look forward to continuing to participate in this growing segment of borrowers.” Shinjini Kumar, Country Business Manager, Global Consumer Banking, Citi India.

Citi offers a wide range of mortgage products and features to complement different life stages and financial goals for customers in India, as well as Non-Resident Indians. Customers can now take advantage of the rate change quarterly in the event of fluctuations in the T-Bill rate, while the spread remains constant over the life of the loan. The interest rate resets of the T-Bill linked home loan are on March 1, June 1, September 1 and December 1.

The T-Bill rate will be published every month on Citibank India’s website www.citibank.com/india. Customers may also access the T-Bill rate on FBIL website (www.fbil.org.in) to independently track and verify its movements.

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi |
Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

About Citi India:

Committed to India for over 110 years, Citi takes pride in being a premier locally embedded financial institution, backed by an unmatched global network. Citi is an employer of choice in India offering consumers and institutions a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, brokerage, treasury and trade services, securities and fund services and wealth management. In line with our commitment to make a positive difference in the communities we work, Citi India's citizenship program targets its strategic efforts in the priority areas of Financial Capability & Asset Building, Microfinanc e, Enterprise Development, and Youth, Education & Livelihoods.

Additional information may be found at: www.citibank.co.in | Facebook: www.facebook.com/citiindia

MAR

For Immediate Release
Citigroup Inc. (NYSE: C)
March 14, 2018

Citi appoints Mridula Iyer as the Head of Treasury & Trade Solutions (TTS) for Citi South Asia

Mumbai: Citi today announced the appointment of Mridula Iyer as the Head of Treasury & Trade Solutions (TTS) for Citi South Asia, covering India, Bangladesh and Sri Lanka. She will report to Rajesh Mehta, Asia-Pacific Head at Citi for TTS, and Pramit Jhaveri, CEO, Citi India

Mridula, who has been with Citi for 22 years, has gained a wealth of experience across Cash Management, Trade Services, Securities Services and Compliance. Her most recent role was Head of TTS Cash Products, where she led the growth of Citi India's cash business with a focus on innovation and digital capabilities for clients. She has been a key member of the TTS India and South Asia management team.

In her new role, Mridula will lead the TTS business, which provides integrated cash management and trade finance services to multinational corporations, financial institutions, and public sector organizations, and be responsible for growing the business in India, Bangladesh and Sri Lanka. Mridula's client relationships and proven track record of building teams to drive business growth will be instrumental in taking the TTS business to the next level. A Chartered Accountant by qualification, she has a Bachelor's degree in Commerce from Mumbai University.

Mridula takes over from Debopama Sen who was recently elevated as the head of Treasury and Trade Solutions (TTS) business for Singapore and ASEAN.

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi |
Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

About Citi India:

Committed to India for over 110 years, Citi takes pride in being a premier locally embedded financial institution, backed by an unmatched global network. Citi is an employer of choice in India offering consumers and institutions a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, brokerage, treasury and trade services, securities and fund services and wealth management. In line with our commitment to make a positive difference in the communities we work, Citi India's citizenship program targets its strategic efforts in the priority areas of Financial Capability & Asset Building, Microfinanc e, Enterprise Development, and Youth, Education & Livelihoods.

Additional information may be found at: www.citibank.co.in | Facebook: www.facebook.com/citiindia Additional information may be found at: www.citibank.co.in | Facebook: www.facebook.com/citiindia

For Immediate Release
Citigroup Inc. (NYSE: C)
March 5, 2018

Citi India Launches Home Loan Solutions Linked to Treasury Bill
Furthers Transparency on Home Loan Rates in India
Interest rate to be reviewed and reset every quarter based on 3-month Treasury Bill Rate

Mumbai: Citi today announced the launch of India's first home loan linked to the 3-month Government of India Treasury Bill Benchmark Rate (T-Bill), giving home buyers the opportunity to take part in a floating rate, benchmarked to a publically available external reference rate, which is driven by market forces and in line with international markets such as the U.S., Singapore, Taiwan and Hong Kong.

This newly introduced T-Bill linked home loan is based on the 3-month T-Bill rate published on the 12th of each month by Financial Benchmarks India Pvt. Ltd. (FBIL) and is available to all new and existing home loan customers. FBIL is recognized by Reserve bank of India as an independent Benchmark administrator.

“Citi is proud to partner its customers looking for a mortgage product that is simple and transparent. The Treasury Bill linked home loan is in line with global best practices, local regulatory expectations on the use of external benchmarks, and also offers a better client experience. We look forward to continuing to participate in this growing segment of borrowers.” Shinjini Kumar, Country Business Manager, Global Consumer Banking, Citi India.

Citi offers a wide range of mortgage products and features to complement different life stages and financial goals for customers in India, as well as Non-Resident Indians. Customers can now take advantage of the rate change quarterly in the event of fluctuations in the T-Bill rate, while the spread remains constant over the life of the loan. The interest rate resets of the T-Bill linked home loan are on March 1, June 1, September 1 and December 1.

The T-Bill rate will be published every month on Citibank India’s website www.citibank.com/india. Customers may also access the T-Bill rate on FBIL website (www.fbil.org.in) to independently track and verify its movements.

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi |
Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

About Citi India:

Committed to India for over 110 years, Citi takes pride in being a premier locally embedded financial institution, backed by an unmatched global network. Citi is an employer of choice in India offering consumers and institutions a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, brokerage, treasury and trade services, securities and fund services and wealth management. In line with our commitment to make a positive difference in the communities we work, Citi India's citizenship program targets its strategic efforts in the priority areas of Financial Capability & Asset Building, Microfinanc e, Enterprise Development, and Youth, Education & Livelihoods.

Additional information may be found at: www.citibank.co.in | Facebook: www.facebook.com/citiindia