STOCK TITAN

Citi Raises Base Rate

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

NEW YORK--(BUSINESS WIRE)-- Citibank, N.A. said today it has raised its base lending rate to 8.50% from 8.25%, effective tomorrow, Thursday, July 27, 2023.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Media:

Danielle Romero-Apsilos

(212) 816-2264



Investors:

Jennifer Landis

(212) 559-2718

Source: Citibank, N.A.

Citigroup Inc

NYSE:C

C Rankings

C Latest News

C Stock Data

Commercial Banking
Finance and Insurance
Link
Finance, Financial Conglomerates, Finance and Insurance, Commercial Banking
US
New York

About C

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.