Citibank Tower Kuala Lumpur
Citibank Tower, is a 50 storey Class A commercial tower located close to the Petronas Towers and houses the headquarters of Citibank Syariah. The building was developed by The Lion Group and completed in 1995, and was originally named Menara Lion or Lion Tower until Citibank acquired a 50% stake and moved into the building in 2000.
The building is owned by Inverfin Sdn Bhd, which is in turn, equally owned by Hap Seng Consolidated Bhd and Menara Citi Holding Co. Hap Seng Consolidated obtained its 50% stake in Inverfin in August 2009 from CapitaLand (30%) and Amsteel Corp Bhd (20%) (a Lion Group subsidiary), following IOI Group’s decision not to proceed with the acquisition of the same which it had bid for a year earlier. In May 2010, Hap Seng Consolidated indicated its interest to acquire the remaining 50% stake in building sometime in the future.
Citibank Berhad is a licensed commercial bank operating in Malaysia with its headquarters in Jalan Ampang, Kuala Lumpur. Citibank Berhad operates as a subsidiary of Citigroup Holding (Singapore) Private Limited. Commencing its banking operations in Malaysia in 1959, Citibank Berhad was locally incorporated in 1994.
Today, Citibank Berhad has 11 branches spread across Kuala Lumpur, Selangor, Penang, Kuantan, Malacca and Johor. It also provides its customers access to cash and a range of banking services through 11,000 MEPS (Malaysian Electronic Payment System) ATMs covering 2,000 locations nationwide.
Citibank Berhad (Citi) is a universal bank offering a wide range of banking and financial services including retail banking, institutional banking, and investment products and services. It also provides offshore financial services out of its office in Labuan, Malaysia. Citi is the only foreign bank to be rated AAA by the Rating Agency Malaysia for 15 consecutive years.
Citi's Malaysian operations are organized into the following business groupings:
▪ Institutional Clients Group
▪ Consumer Banking
▪ Cards
▪ Wealth Management
▪ Consumer Banking
▪ Cards
▪ Wealth Management
Citi is a market leader in credit cards holding the largest market share in sales volume (usage) and receivables, and a dominant share in wealth management. In addition, Citi is the top foreign bank for Corporate FX, cross border Cash Management, e-Payments and institutional investor transactions. Citi is also the number one custodian bank for foreign broker inflows.
Location : Menara Citibank, 165, Jalan Ampang 50450 Kuala Lumpur, Malaysia
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