1983
Re-entered China with a representative office in Shenzhen
1984
Opened Beijing representative office
1985
Opened Shanghai representative office
1988
Shenzhen representative office upgraded to branch
1991
Upgraded representative office in Shanghai to full branch status
1993
The first international bank to move its China headquarters to the mainland from Hong Kong
Beijing representative office upgraded to branch (1995)
1998
The first international bank to offer integrated nationwide Renminbi (RMB) cash management
Opened Guangzhou branch
1999
The first international bank to establish a centralized customer service center
2001
Awarded ISO:9002 certification for customer service center
2002
The first international bank to open a retail banking business
Entered into strategic alliance with Shanghai Pudong Development Bank
First international bank to be granted an FX license
Established a software and technology center in Shanghai
2003
The first international bank to receive a custodian bank license
Cleared first trade in the qualified foreign institutional investor (QFII) system
The first international bank to offer foreign currency investment products to Chinese consumers
Opened Tianjin Branch
2004
The first international bank to launch co-branded dual currency credit card
Obtained derivatives license (2004)
The first international bank to receive approval to establish an insurance JV
The first international bank to arrange a local FI syndication
2005
Opened Chengdu branch
Granted Beijing RMB license, RMB forward license, license to be inter-bank RMB market maker
2006
The first international bank to open an onshore private banking office
The first international bank to receive QDII license and approval to offer custodian service
The first international bank to open an ATM at the Great Wall of China
Led the consortium that acquired an 85.6% stake in Guangdong Development Bank
Received approval to take term deposits of RMB1 million+ from PRC citizens
2007
Locally incorporated
Established Financial Back Office Operations and Processing Centers in Shanghai,Dalian,Guangzhou and Zhuhai
Launched RMB services to local residents
Opened Hangzhou branch
The first international bank to launch investment-linked insurance
First bank in China to offer QDII products investing in global mutual funds
2008
Opened Dalian branch
Launched RMB debit cards
Opened first lending company in Gong'An, Hubei Province
2009
Opening of Hangzhou Huanglong Sub-branch
Opening of Citi Hubei Chibi Lending Company
Launch of a new global foreign exchange e-commerce platform for professional traders, CitiFX Velocity.
Received regulatory approval to act as an interbank bond market maker.
Opens third lending company in Dalian Wafangdian
Launches unsecured personal loan in Beijing
The first international bank in China to launch mobile banking service
Opening of Chongqing Branch, represents Citi's ninth branch in China
2010
Citibank, in partnership with Henderson, becomes the first bank in China to offer a suite of QDII property equity funds
Citi Joins as a Global Sponsor and Exclusive Bank of USA National Pavilion at 2010 Shanghai World Expo
Citi expands small business offering in China, introduced integrated relationship model for small business owners
Citibank launches "Citigold Private Client" services in China
Citibank first bank in China to open full service consumer outlet in Metro System
Citigroup expands global support for Chinese clients, China Desks opened in major regions
First international bank in China to open a branch in Guiyang
Global coordinator and joint lead for Sinochem US$2 billion global bond issue, the largest ever offshore bond from a Chinese corporate
2011
Citi and China UnionPay expanded partnership to enable Citibank merchants to accept UnionPay cards in 7 Asian countries
Opening of smart banking Sub-branch at Chongqing Airport, first bank in China to open a full service outlet at an airport
Opening of Nanjing Branch, Citi's eleventh in China
Citigroup and Orient Securities sign China securities JV agreement
Opening of Changsha Branch, Citi's twelfth branch in China, and the first international bank to offer consumer banking services in Changsha
Citibank the first bank to offer a Variable Annuity product in China
