Citibank offers commercial cards for better purchasing power

Alfred Chan, Managing Director & Head of Citi Commercial Banking (left) and Amit Vasudev, Director, Citibranded Cards and Marketing, Citibank Berhad at the launch of its two new commercial cards ¿ Citibank Business Signature Card and Citibank Travel Account. Citibank Berhad plans to strengthen its position in the business-to-business (B2B) card payments market by capturing 20 per cent of the market.

CITIBANK Bhd plans to strengthen its position in the business-to-business (B2B) card payments market by capturing 20% of the market with the launch of its two new commercial cards — the Citibank Business Signature Card and Citibank Travel Account.

By year end, the bank aims to secure corporate spending in the procure-to-pay, and travel and entertainment categories, targeted at mostly higher-tier small and medium enterprises (SMEs) and middle-market enterprises (MMEs) segments.