Financial Strength

Financial Strength

Citibank Financial Strength

Citigroup Inc.

Citigroup Inc., which is incorporated in United States of America, has an operating branch in Singapore. As of 31 December 2020, Citigroup Inc. has US$127 billion in paid up capital and a total equity of US$200 billion.

Tier 1 Capital ratio stands at 13.31% and 13.68% as at 31 December 2020 under Advanced Approaches and Standardized Approach respectively, against the requirement of 11.50%.Total Capital ratio stands at 15.61%and 16.77% as at 31 December 2020 under Advanced Approaches and Standardized Approach respectively, against the requirement of 13.50%.

The claims of holders of deposit liabilities and certain claims for administrative expenses against an insured depository institution would be afforded priority over other general unsecured claims against such an institution, including claims of debt holders of the institution and depositors in non-U.S. branches, in the liquidation or other resolution of such an institution by any receiver.

Citibank Singapore

Citibank Singapore is financially strong and well capitalized. As of 31 December 2020, Citibank Singapore has S$1.5 billion in paid up capital and a total equity of S$3.7 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 19.6% as at 31 December 2020, against the requirement of 8%. In terms of total CAR, the ratio stands at 20.3% against a 10% requirement. These ratios are amongst the highest in the industry.

Public disclosure of the Bank’s Liquidity Coverage Ratio and Net Stable Funding Ratio are performed in accordance with the requirements under MAS Notice 651 and MAS Notice 653 respectively. Effective Q4-2019 these disclosures are included as part of the MAS637 disclosure document.

Detailed information is stated below:

Year Period Description
2021
Q3 MAS 637 disclosure as at 30 Sep 2021
Q2 MAS 637 disclosure as at 30 Jun 2021
Q1 MAS 637 disclosure as at 31 Mar 2021
2020
Q4 Financial Statements for FY2020 (in English, Chinese, Malay and Tamil)
Annual Pillar 3 disclosure as at 31 Dec 2020
Financial Statements for FY2020
MAS 637 disclosure as at 31 Dec 2020
Q3 MAS 637 disclosure as at 30 Sep 2020
LCR Disclosure for the quarter ended 30 Sep 2020
Q2 MAS 637 disclosure as at 30 Jun 2020
Q1 MAS 637 disclosure as at 31 Mar 2020
2019
Q4 Annual Pillar 3 disclosure as at 31 Dec 2019
Financial Statements for FY2019
Q3 MAS 637 disclosure as at 30 Sep 2019
LCR Disclosure for the quarter ended 30 Sep 2019
Q2 MAS 637 disclosure as at 30 Jun 2019
LCR Disclosure for the quarter ended 30 Jun 2019
NSFR Disclosure as at 30 Jun 2019
Q1 MAS 637 disclosure as at 31 Mar 2019
LCR Disclosure for the quarter ended 31 Mar 2019
2018
Q4 Annual Pillar 3 disclosure as at 31 Dec 2018
LCR Disclosure for the quarter ended 31 Dec 2018
NSFR Disclosure as at 31 Dec 2018
Additional LCR Disclosure for 2018
Financial statements for FY2018
Q3 MAS 637 disclosure as at 30 Sep 2018
LCR Disclosure for the quarter ended 30 Sep 2018
Q2 MAS 637 disclosure as at 30 June 2018
NSFR Disclosure as at 30 Jun 2018
LCR Disclosure for the quarter ended 30 June 2018
Q1 MAS 637 disclosure as at 31 Mar 2018
LCR Disclosure for the quarter ended 31 Mar 2018
2017 Q4 Annual Pillar 3 disclosure as at 31 Dec 2017
LCR Disclosure for the year ended 31 Dec 2017
Financial statements for FY2017
Q3 MAS 637 disclosure as at 30 Sep 2017
Q2 MAS 637 disclosure as at 30 Jun 2017
Q1 MAS 637 disclosure as at 31 Mar 2017
2016 Q4 Annual Pillar 3 disclosure as at 31 Dec 2016
LCR Disclosure for the year ended 31 Dec 2016
Financial statements for FY2016
Q3 MAS 637 disclosure as at 30 Sep 2016
Q2 MAS 637 disclosure as at 30 Jun 2016
Q1 MAS 637 disclosure as at 31 Mar 2016
2015 Q4 Annual Pillar 3 disclosure as at 31 Dec 2015
MAS 637 disclosure as at 31 Dec 2015
Q3 MAS 637 disclosure as at 30 Sep 2015
Q2 MAS 637 disclosure as at 30 Jun 2015
Q1 MAS 637 disclosure as at 31 Mar 2015