clau00006Sep 261 min readOn October 12, 2024, Citibank will close its last Singapore branch in Jurong East.On October 12, 2024, at 12 p.m., American bank Citibank will permanently close its Jurong East branch located in the CPF Jurong Building.According to Citibank's website, this branch is the bank's final one in Singapore.There are no more ATMs at the branch.Citibank's Jurong East branch will close, and as a result, all of its automated teller machines (ATMs), cash deposit machines, and express check deposit services would be unavailable, the bank announced on its website.Since 1902, in SingaporeOn its website, Citibank states that it opened its first branch in 1902 in what is now known as Raffles Place, Singapore, 122 years ago.Aside from that, it was "the first American bank to set up a branch" on the island.One of the biggest international banks and a significant credit card provider in Singapore nowadays is Citibank.According to ST, about S$1 of every S$5 spent in Singapore using a card is made using a Citi product.The bank also intended to expand its wealth clientele by 2.5 times and triple the amount of assets managed in Singapore by 2025.Mothership has contacted Citibank to request a statement.
On October 12, 2024, at 12 p.m., American bank Citibank will permanently close its Jurong East branch located in the CPF Jurong Building.According to Citibank's website, this branch is the bank's final one in Singapore.There are no more ATMs at the branch.Citibank's Jurong East branch will close, and as a result, all of its automated teller machines (ATMs), cash deposit machines, and express check deposit services would be unavailable, the bank announced on its website.Since 1902, in SingaporeOn its website, Citibank states that it opened its first branch in 1902 in what is now known as Raffles Place, Singapore, 122 years ago.Aside from that, it was "the first American bank to set up a branch" on the island.One of the biggest international banks and a significant credit card provider in Singapore nowadays is Citibank.According to ST, about S$1 of every S$5 spent in Singapore using a card is made using a Citi product.The bank also intended to expand its wealth clientele by 2.5 times and triple the amount of assets managed in Singapore by 2025.Mothership has contacted Citibank to request a statement.
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