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Our History
Citi China
Our History
Press Room
Corporate Citizenship
Contact Us
A LONG COMMITMENT TO CHINA
Citi first established operations in China when it opened its Shanghai office in 1902. As the first American bank to fly the red, white and blue flag in China, Citi became known as Hua Qi Yin Hang, literally, the “Flower Flag Bank”. In the modern era, China remains one of Citi's greatest priorities.
Citi is proud to have reached many milestones in China:
1983 – 2001
2002 – 2006
2007 – 2009
2010 – 2014
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
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