Citi extends commercial card platform to Central and Eastern Europe

Source: Citi

Citi today announced that its Global Transaction Services business for Europe, the Middle East and Africa, has extended its global platform for commercial card issuance into Central & Eastern Europe (CEE).

Citi will provide globally consistent commercial card solutions to 4 new markets in Central & Eastern Europe (CEE), including Czech Republic, Hungary, Poland and Slovakia.

Citibank Commercial Cards, with unsurpassed acceptance and an extensive issuing footprint, has long been considered a pre-eminent commercial cards provider to large and multi-national organizations. Nearly 500 multinational corporations use its commercial cards programs at the core of their expense management strategy, making Citi a premier cards issuer in terms of technology, innovation and card volume.

Rajesh Mehta, Managing Director and Regional Head for Treasury and Trade Solutions for Europe, the Middle East and Africa, Citi, said, "The launch of our Commercial Cards in Central & Eastern Europe, is representative of our continued investment in the commercial cards business. We feel this move is demonstrative of our unrivalled ability to support our clients. Citi clients will benefit from innovative programme reporting, dedicated client service teams, and award winning customer service."

Manish Kohli, Commercial Cards Business Manager for Europe, the Middle East and Africa, Citi, said, "We are delighted to be launching our card programs in CEE, both to cater for the substantial interest from our existing clients, as well as to serve new international and local clients in these markets. We look forward to helping these companies manage their expenditure and reporting in order to improve control and enhance their working capital across these markets."

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