Citibank to further grow SME segment


PUCHONG: Citibank Bhd will focus on small and medium enterprises (SMEs) to further grow its business, said Citigroup country officer and Citibank chief executive officer Piyush Gupta. 

“SMEs, which form the economic backbone of Malaysia, have been identified as Citibank’s fastest growth segment in the next five years, contributing 20% to total revenue annually from the current 5%,” Gupta told a press conference after the opening of its latest branch here yesterday. 

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