Citibank N.A.
Sector: Hotel • Location: Dominican Republic
Source: Multilateral Investment Guarentee Agency (MIGA)
MIGA issued $18 million in guarantees to Citibank, N.A. of the United States for its shareholder loans to its Dominican Republic branch. The guarantee covers the investment against the risks of transfer restriction and expropriation. The project will allow Citibank to extend its loan portfolio in the country, thereby allowing it to offer more competitive rates across all the credit products the b
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | not active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | MIGA issued $18 million in guarantees to Citibank, N.A. of the United States for its shareholder loans to its Dominican Republic branch. The guarantee covers the investment against the risks of transfer restriction and expropriation. The project will allow Citibank to extend its loan portfolio in the country, thereby allowing it to offer more competitive rates across all the credit products the bank now offers such as investments, working capital loans, consumer loans, and medium-term financing. The bank also plans to finance projects in the manufacturing, tourism, and transportation sectors. Local staff will be able to take advantage of training programs offered in such areas as marketing, risk management, and transaction banking. Many staff will also have the opportunity to train in other Latin American countries and the United States. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
