(MENAFN - The Peninsula) Citi launched its International Personal Bank Europe, Middle East and Africa (Citi IPB EMEA) service centre in Qatar with an event held at the Four Seasons, on Monday. The move addresses the growing needs of affluent clients in the Middle East region, as the bank celebrates its 200th anniversary.
Citi IPB EMEA provides a comprehensive international wealth management proposition through its offshore booking centres in London and Jersey for clients who are looking to benefit from international investment opportunities.
Dedicated and specially trained investment managers based in the Citi IPB EMEA Qatar Service Centre will help clients build investment portfolios tailored to their individual needs. Clients will have access to a diverse range of global investment products as well as multi-currency bank accounts, time deposits, foreign exchange services and 24/7 internet banking.
"Since we began operations in Qatar in 2007, we have been committed to providing value added services to our clients in Qatar and the region," said Dr Izzat Dajani, CEO of Citibank NA Qatar. "Citi International Personal Bank EMEA services are an integral part of our investor offer which caters to the financial aspirations of local investors, while fulfilling the requirements of expatriate investors who seek one point of contact for their global investment needs." he added.
Vipul Kapur, Business Head, Citi IPB EMEA said: "Qatar is one of the fastest growing economies in the world, and has the sophisticated investor profile that will benefit from our offering. This makes our presence in Qatar an important step in our expansion in the Middle East region. We provide a unique palette of global investment opportunities and easy access to the international market with advice and support provided at the client's doorstep."
Akash Samaiyar, Citi IPB EMEA Regional Director, MENA added: "With the launch of the Citi IPB EMEA Qatar Service Centre, discerning target market clients residing in Qatar will gain access to the bank's highly trained and certified investment staff based in Qatar, whose extensive relationship management advice will advantage clients' wealth portfolios."