CITIBANK SINGAPORE FINANCIAL STRENGTH

Updated news.

Updated news.

Citibank Singapore is financially strong and well capitalized. As of 31 December 2021, Citibank Singapore has S$1.5 billion in paid up capital and a total equity of S$4.2 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 23.6% as at 31 December 2021, against the requirement of 8%. In terms of total CAR, the ratio stands at 24.0% against a 10% requirement. These ratios are amongst the highest in the industry.

Detailed information is stated below:

Citibank Singapore Limited CAR Disclosure

  30-Sep-21# 31-Dec-21 31-Mar-22# 30-Jun-22# 30-Sep-22#
(in S$ million)
Common Equity Tier 1 Capital 3,745 4,093 4,055 4,081 4,119
Eligible Tier 1 Capital 3,745 4,093 4,055 4,081 4,119
Total Eligible Capital 3,822 4,171 4,117 4,148 4,196
Total Risk Weighted Asset ("RWA") 20,581 17,375 17,056 17,368 17,341
Capital Adequacy Ratio ("CAR")
Common Equity Tier 1 CAR 18.20% 23.56% 23.77% 23.49% 23.75%
Tier 1 CAR 18.20% 23.56% 23.77% 23.49% 23.75%
Total CAR 18.57% 24.01% 24.14% 23.88% 24.20%
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 3,745 4,093 4,055 4,081 4,119
Total Exposures 55,366 54,686 56,573 56,372 57,879
Leverage Ratio 6.76% 7.48% 7.17% 7.24% 7.12%

# Unaudited figures.