CITIBANK SINGAPORE FINANCIAL STRENGTH

Updated news.

Updated news.

Citibank Singapore is financially strong and well capitalized. As of 31 December 2016, Citibank Singapore has S$1.5 billion in paid up capital and a total equity of S$3.9 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 22.48% as at 31 December 2016, against the requirement of 8%. In terms of total CAR, the ratio stands at 23.13% 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 2016# 30 Sep 2016# 31 Dec 2016 31 Mar 2017#
(in S$ million)
Common Equity Tier 1 Capital 3,796 3,796 3,791 3,792
Eligible Tier 1 Capital 3,796 3,796 3,791 3,792
Total Eligible Capital 3,900 3,947 3,901 3,903
Total Risk Weighted Asset ("RWA") 17,748 17,461 16,861 16,168
Capital Adequacy Ratio ("CAR")
Common Equity Tier 1 CAR 21.39% 21.74% 22.48% 23.45%
Tier 1 CAR 21.39% 21.74% 22.48% 23.45%
Total CAR 21.97% 22.60% 23.13% 24.14%
Minimum CAR
Common Equity Tier 1 CAR 6.50% 6.50% 6.50% 6.50%
Tier 1 CAR 8.00% 8.00% 8.00% 8.00%
Total CAR 10.00% 10.00% 10.00% 10.00%
Leverage Ratio
Tier 1 Capital 3,796 3,796 3,791 3,792
Total Exposures 40,804 42,312 43,210 42,035
Leverage Ratio 9.30% 8.97% 8.77% 9.02%

# Unaudited figures.