Strategy

Citi Takes Aim at NRIs – Report

Stephen Harris 9 April 2008

Citi Takes Aim at NRIs – Report

Citigroup intends to extend its range of banking and investment products targeted at non-resident Indian clients, Thomas O'Hara, global business manager for NRI business has told Gulf News.

This move will include an online equity trading platform, to be introduced by Citi Wealth Advisors, part of the group’s wealth management division.

Mr O'Hara said: "We intend to expand our product line-up, especially the affinity type products and capital market linked investment products for our NRI clients. In property we are offering flexible mortgage options. In addition, we have a basket of mutual funds from both domestic and offshore fund houses.”

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