CITIBANK SINGAPORE FINANCIAL STRENGTH

Updated news.

Updated news.

Citibank Singapore is financially strong and well capitalized. As of 31 December 2017, Citibank Singapore has S$1.5 billion in paid up capital and a total equity of S$3.6 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 21.98% as at 31 December 2017, against the requirement of 8%. In terms of total CAR, the ratio stands at 22.75% against a 10% requirement. These ratios are amongst the highest in the industry.

Detailed information is stated below:

Citibank Singapore Limited CAR Disclosure

  30 Jun 2017# 30 Sep 2017# 31 Dec 2017 31 Mar 2018# 30 Jun 2018#
(in S$ million)
Common Equity Tier 1 Capital 3,794 3,793 3,454 3,453 3,453
Eligible Tier 1 Capital 3,794 3,793 3,454 3,453 3,453
Total Eligible Capital 3,908 3,911 3,575 3,536 3,530
Total Risk Weighted Asset ("RWA") 16,311 16,046 15,716 15,729 16,005
Capital Adequacy Ratio ("CAR")
Common Equity Tier 1 CAR 23.26% 23.64% 21.98% 21.96% 21.58%
Tier 1 CAR 23.26% 23.64% 21.98% 21.96% 21.58%
Total CAR 23.96% 24.37% 22.75% 22.48% 22.06%
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 3,794 3,793 3,454 3,453 3,453
Total Exposures 40,250 38,891 36,371 38,802 39,651
Leverage Ratio 9.42% 9.75% 9.50% 8.90% 8.71%

# Unaudited figures.