History

Founded in 1812 in New York, Citibank has been a pioneer in establishing a worldwide network of offices, which by now has spread across more than 100 countries and territories making the bank an unmatched global player. We began our international expansion in 1902 by opening branches in Europe and Asia, and since then have built a reputation of servicing our customers wherever their business takes them. The bank's global transactions services division, covering securities services, cash management and trade services, processes $1 trillion of financial transactions each day. The bank's parent company Citigroup formed in 1998 by a merger between Citicorp and Travelers Group is one of the largest financial institutions in the world.

First National City branch in St. Petersburg. 1917.

Founded in 1812 in New York, Citibank has been a pioneer in establishing a worldwide network of offices, which by now has spread across more than 100 countries and territories making the bank an unmatched global player. We began our international expansion in 1902 by opening branches in Europe and Asia, and since then have built a reputation of servicing our customers wherever their business takes them. The bank's global transactions services division, covering securities services, cash management and trade services, processes $1 trillion of financial transactions each day. The bank's parent company Citigroup formed in 1998 by a merger between Citicorp and Travelers Group is one of the largest financial institutions in the world.

On 14 January 1994, Bill Rhodes and Victor Gerashcenko inaugurated Citibank T/O, Russia