Business Services Industry

Bolivia: Citibank ends personal banking operations, focus in corporate banking.

South American Business Information, January, 2001

Bolivia, Jan 09, 2001

Citibank is pulling out of personal banking in Bolivia with plans in 2001 to focus in corporate banking. Changes will be implemented until mid February, when customers are expected to withdraw cash. By end October 2001 Citibank had 11,603 accounts, or 1,21% of the domestic banking system, that will be passed on to Banco Mercantil.

Copyright (c) 2001, South American Business Information, All rights reserved.

KEYWORD: Bolivia

INDUSTRY KEYWORD: Banking Institutions

EVENT: Customers

News Provided by COMTEX (http://www.comtexnews.com)

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