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Russia
Citi continues to reduce its operations and exposure to Russia
Citi will be ending nearly all of the institutional banking services in Russia by the end of 1Q2023. Citi’s only operations in Russia will be those necessary to fulfill its remaining legal and regulatory obligations. In August 2022, Citi announced the wind down of its Russia consumer and local CCB including the pursuit of portfolio sales and in October 2022 Citi announced that AO Citibank has agreed to sell a portfolio of ruble-denominated personal installment loans to Uralsib, a Russian commercial bank. Citi has also agreed to transfer to Uralsib a portfolio of ruble-denominated credit card balances, subject to customer consents.
Country Leadership
Victoria Smolyanova
Citi Country Officer
Media
Addresses
6 Gasheka Street
125047 Moscow
Russia
8-10 bld. 1 Gasheka Street
125047 Moscow
Russia
Obrucheva street 30/1 build 2
117485 Moscow
Russia
5 Italyanskaya street
191186 St. Petersburg
Russia
Proyezd Yablochkova 4b
390023 Ryazan
Russia
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History of Citi Russia
Recent Awards and Recognition
Euromoney
- 2021 Best Investment Bank in Russia
Nominated for “Leaders of Corporate Philanthropy”
- 2021 2nd place in the UN Russia nomination “Best program that contributes to implementation of UN Sustainable Development Goals in support of health, healthy lifestyle and well-being of humans