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Citibank Singapore Limited is a division of Citibank N.A. of the United States and incorporated in Singapore on 28 June 2004. Its parent was awarded Qualifying Full Bank (QFB) status on 20 October 1999, and this status was transferred to the Singapore division on the day of its incorporation. [ 5 ]
Citibank is one of the earliest financial institutions in Singapore that is still in operation today. In 1902 International Banking Corporation becomes the first American bank to open a branch in Singapore. Located at 1 Prince Street, the Singapore branch focused on financing the exports of tin and rubber from the Malayan hinterland. [2]
In June 2004, the QFB licence was further liberalised. QFBs are permitted to establish up to 25 service locations of which up to 10 can be branches from 1 January 2005. These banks were permitted to share their ATM networks (this was achieved with five of the QFBs through atm 5), and provide services via the EFTPOS network from 1 July 2002. On ...
Citi Private Bank is the private banking division of Citibank; it provides banking services to high-net-worth individuals, family offices, law firms, and other institutions. According to the company's website, it has a minimum investment level of $10 million and a total net worth requirement of $25 million; [ 1 ] however, in some cases, these ...
Until 1985, subscribers' telephone numbers in Singapore were five and six digits. Five digits were introduced in 1960s, whereas 5-digit and 6-digit phone numbers were introduced in 1960s as fixed lines grew, but in that year, these changed to seven digits as the introduction of new towns arose (Tampines, Jurong East, Bukit Batok, Yishun and Hougang) and a large number of new numbers were required.
NETS Customer Service Centre NETS introduced the 1st generation chip-based CashCard in 1995. The CashCard is a stored value card that is predominantly used as a payment mode for Singapore's Electronic Road Pricing (ERP) and car park charges since the introduction of the in-vehicle unit in 1997.
Citibank Berhad is a licensed commercial bank [1] operating in Malaysia with its headquarters in Jalan Ampang, Kuala Lumpur. [ 2 ] [ 7 ] Citibank Berhad operates as a subsidiary of Citigroup Holding (Singapore) Private Limited, commencing its banking operations in Malaysia since 1959. [ 8 ]
A number offering a directory inquiries service allowing people to request to be put through to a mobile phone number was established in June 2009. [14] 118 800 proved to be controversial, however, when it was revealed that it was making available 15 million mobile numbers that it had bought from market researchers. [15]