Citi Raises Base Rate

Citibank, N.A. said today it has raised its base lending rate to 8.00% from 7.75%, effective tomorrow, Thursday, March 23, 2023.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

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The Citigroup Stock at the time of publication of the news with a fall of -2,88 % to 43,77EUR on NYSE stock exchange (22. März 2023, 20:57 Uhr).