CITIBANK SINGAPORE FINANCIAL STRENGTH

Updated news.

Updated news.

Citibank Singapore is financially strong and well capitalized. As of 31 December 2015, 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 21.56% as at 31 December 2015, against the requirement of 8%. In terms of total CAR, the ratio stands at 22.15% 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 2016# 30 Jun 2016# 30 Sep 2016# 31 Dec 2016#
(in S$ million)
Common Equity Tier 1 Capital 3,795 3,796 3,796 3,316
Eligible Tier 1 Capital 3,795 3,796 3,796 3,316
Total Eligible Capital 3,902 3,900 3,947 3,426
Total Risk Weighted Asset ("RWA") 17,319 17,748 17,461 16,861
Capital Adequacy Ratio ("CAR")
Common Equity Tier 1 CAR 21.91% 21.39% 21.74% 19.67%
Tier 1 CAR 21.91% 21.39% 21.74% 19.67%
Total CAR 22.53% 21.97% 22.60% 20.32%
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 3,795 3,796 3,796 3,316
Total Exposures 39,945 40,804 42,312 43,210
Leverage Ratio 9.50% 9.30% 8.97% 7.67%

# Unaudited figures.