CITIBANK SINGAPORE FINANCIAL STRENGTH

Updated news.

Updated news.

Citibank Singapore is financially strong and well capitalized. As of 31 December 2019, Citibank Singapore has S$1.5 billion in paid up capital and a total equity of S$3.3 billion.

As a Singapore incorporated company, we meet all regulatory requirements set by the Monetary Authority of Singapore. In terms of Capital Adequacy Ratios (CAR) set by the regulators, Citibank Singapore far exceeds the stipulated requirements. For tier 1 CAR, our ratio stands at 18.75% as at 31 December 2019, against the requirement of 8%. In terms of total CAR, the ratio stands at 19.12% against a 10% requirement. These ratios are amongst the highest in the industry.

Detailed information is stated below:

Citibank Singapore Limited CAR Disclosure

  31 Mar 2019# 30 Jun 2019# 30 Sep 2019# 31 Dec 2019 31 Mar 2020#
(in S$ million)
Common Equity Tier 1 Capital 3,356 3,357 3,357 3,328 3,328
Eligible Tier 1 Capital 3,356 3,357 3,357 3,328 3,328
Total Eligible Capital 3,431 3,430 3,428 3,393 3,395
Total Risk Weighted Asset ("RWA") 16,266 17,524 18,159 17,748 19,307
Capital Adequacy Ratio ("CAR")
Common Equity Tier 1 CAR 20.63% 19.16% 18.49% 18.75% 17.24%
Tier 1 CAR 20.63% 19.16% 18.49% 18.75% 17.24%
Total CAR 21.10% 19.57% 18.88% 19.12% 17.59%
Minimum CAR
Common Equity Tier 1 CAR 6.50% 6.50% 6.50% 6.50% 6.50%
Tier 1 CAR 8.00% 8.00% 8.00% 8.00% 8.00%
Total CAR 10.00% 10.00% 10.00% 10.00% 10.00%
Leverage Ratio
Tier 1 Capital 3,356 3,357 3,357 3,328 3,328
Total Exposures 40,260 43,665 44,683 42,396 48,288
Leverage Ratio 8.34% 7.69% 7.51% 7.85% 6.89%

# Unaudited figures.