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Citigroup Inc. (NYSE: C)
March 01, 2007
Citibank a.s. Shell MasterCard Awarded Best 2006 Financial Product by Computer Press
Prague ? The Shell MasterCard from Citibank a.s. was awarded the prize for the Best 2006 Financial Product by the company Computer Press. The card won from among all financial products that were introduced to the Czech market last year. The company Computer Press has recognized Citibank credit card as the best ?co-branded card designed for all those who demand more than just a mere standard.? Following its earlier recognition by MasterCard as the best co-branded card from the point of view of benefits for the client, this award gives the Shell MasterCard credit card from Citibank a second success in four months since its sale has begun.
?We are pleased and honored to have been given the recognition for the Shell MasterCard from Citibank a.s. Today, the Czech cards market is gaining a lot of momentum, and banks are offering attractive and appealing cards products to the end users. It won?t suffice to offer plain cards, it?s necessary to offer cards with the added value for the client. And, that is exactly what the Shell MasterCard from Citibank offers. We highly appreciate the fact that, not only are our clients satisfied with our card, but that the card is highly appreciated by experts as well. Those successes have proven that the path we have set out is the right one, ? said Rizwan Qazi, director of Citibank Credit Cards.
In the field of co-branded cards, Citibank is the market?s leader. The bank?s strategy is to offer its clients the best that there is, and, therefore, Citibank enters into partnerships with companies that represent the best in their respective line of business. In addition to the Shell Company, Citibank also offers credit cards prepared in conjunction with Czech Airlines and Telefonica 02 cell phones operator.
The Shell MasterCard from Citibank a.s. was first introduced in November 2006 and, it is issued by Citibank in conjunction with Shell gas filling stations operators. Holders of cards issued before January 31, 2007 may, within the first two months after the card?s issue, receive a bonus worth 6% of the price paid for each liter of car fuel bought at Shell gas filling stations in the Czech Republic and a 2% discount on all purchases made by the card in the Czech Republic and abroad as well. For the subsequent period, the bonus will amount to a 3% discount on the price of car fuel bought at Shell?s and, a 1% discount on the price of all other purchases made.
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Citibank a.s.
Citibank a.s. has been present in the Czech republic since 1991. The Bank has rapidly gained its position of the market leader in corporate banking and Citibank?s offering of products and services has been gradually enhanced to include also small and medium-sized companies. Citibank a.s. entered the retail banking business in January of 2001, offering Citibank clients a number of products and services such as personal accounts, credit cards, personal loans, mutual fund investments, as well as CitiGold, the private banking services. For additional information about Citibank a.s. please refer to the following web site: www.citibank.cz.
Citi
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Major brand names under Citi's trademark red arc include Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.