Citibank Singapore is financially strong and well capitalized. As of 31 December 2016, Citibank Singapore has S$1.5 billion in paid up capital and a total equity of S$3.9 billion.
As a Singapore incorporated company, we meet all regulatory requirements set by the Monetary Authority of Singapore. In terms of Capital Adequacy Ratios (CAR) set by the regulators, Citibank Singapore far exceeds the stipulated requirements. For tier 1 CAR, our ratio stands at 22.48% as at 31 December 2016, against the requirement of 8%. In terms of total CAR, the ratio stands at 23.13% against a 10% requirement. These ratios are amongst the highest in the industry.
Detailed information is stated below:
Citibank Singapore Limited CAR Disclosure
| 30 Jun 2016# | 30 Sep 2016# | 31 Dec 2016 | 31 Mar 2017# | |
|---|---|---|---|---|
| (in S$ million) | ||||
| Common Equity Tier 1 Capital | 3,796 | 3,796 | 3,791 | 3,792 |
| Eligible Tier 1 Capital | 3,796 | 3,796 | 3,791 | 3,792 |
| Total Eligible Capital | 3,900 | 3,947 | 3,901 | 3,903 |
| Total Risk Weighted Asset ("RWA") | 17,748 | 17,461 | 16,861 | 16,168 |
| Capital Adequacy Ratio ("CAR") | ||||
| Common Equity Tier 1 CAR | 21.39% | 21.74% | 22.48% | 23.45% |
| Tier 1 CAR | 21.39% | 21.74% | 22.48% | 23.45% |
| Total CAR | 21.97% | 22.60% | 23.13% | 24.14% |
| Minimum CAR | ||||
| Common Equity Tier 1 CAR | 6.50% | 6.50% | 6.50% | 6.50% |
| Tier 1 CAR | 8.00% | 8.00% | 8.00% | 8.00% |
| Total CAR | 10.00% | 10.00% | 10.00% | 10.00% |
| Leverage Ratio | ||||
| Tier 1 Capital | 3,796 | 3,796 | 3,791 | 3,792 |
| Total Exposures | 40,804 | 42,312 | 43,210 | 42,035 |
| Leverage Ratio | 9.30% | 8.97% | 8.77% | 9.02% |
# Unaudited figures.
Citibank Singapore Limited Financial Statements
Citibank Singapore Limited Pillar 3
Pillar 3 – Composition of Capital and Main Features Disclosure as at 31 December 2013
Pillar 3 – Composition of Capital and Main Features Disclosure as at 31 March 2014
Pillar 3 – Composition of Capital and Main Features Disclosure as at 30 June 2014
Pillar 3 – Composition of Capital and Main Features Disclosure as at 30 Sep 2014
Pillar 3 – Composition of Capital and Main Features Disclosure as at 31 Dec 2014
Pillar 3 – Composition of Capital and Main Features Disclosure as at 31 Mar 2015
Pillar 3 – Composition of Capital and Main Features Disclosure as at 30 Jun 2015
Pillar 3 – Composition of Capital and Main Features Disclosure as at 30 Sep 2015
Pillar 3 – Composition of Capital and Main Features Disclosure as at 31 Dec 2015
Pillar 3 - Composition of Capital and Main Features Disclosure as at 31 Mar 2016
Pillar 3 - Composition of Capital and Main Features Disclosure as at 30 June 2016
Pillar 3 - Composition of Capital and Main Features Disclosure as at 30 Sep 2016
Liquidity Coverage Ratio Quantitative/Qualitative Disclosure for the year ended 31 December 2016
Pillar 3 - Composition of Capital and Main Features Disclosure as at 31 Dec 2016
Pillar 3 - Composition of Capital and Main Features Disclosure as at 31 Mar 2017