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Citibank Extending Capabilities in Commercial Cards Worldwide

By Mercator Advisory Group
May 25, 2011
in Analysts Coverage
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Currency symbol on bright blue for financial business background

Currency symbol on bright blue for financial business background

Citibank is announcing not only extensions of commercial card services in multiple countries, but also a new variation on a special purpose commercial card available initially (now) in North America.

“The Citi Project Card lets project managers easily keep track of a project’s status while at the same time improving budget management and reporting,” said Paul Horn, Global Director of Citi Commercial Cards.

Meanwhile, this product and all of Citi’s commercial card services continue their advance worldwide. According to Citibank, the Citi Project Card is expected to be available in countries throughout Europe, the Middle East, and Africa later this year, and should be launched in Asia during 2012. Citi now has proprietary issuance capabilities for its Commercial Cards in 99 countries, including local-currency programs in 59 countries.

Click here to read the article.http://www.businesswire.com/news/home/20110525005183/en/Citi%C2%AE-Commercia

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