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

  31-Dec-17 31 Mar 2018# 30 Jun 2018# 30 Sep 2018# 31 Dec 2018#
(in S$ million)
Common Equity Tier 1 Capital 3,454 3,453 3,453 3,453 2,699
Eligible Tier 1 Capital 3,454 3,453 3,453 3,453 2,699
Total Eligible Capital 3,575 3,536 3,530 3,532 2,773
Total Risk Weighted Asset ("RWA") 15,716 15,729 16,005 16,499 16,139
Capital Adequacy Ratio ("CAR")
Common Equity Tier 1 CAR 21.98% 21.96% 21.58% 20.93% 16.72%
Tier 1 CAR 21.98% 21.96% 21.58% 20.93% 16.72%
Total CAR 22.75% 22.48% 22.06% 21.41% 17.18%
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 3,454 3,453 3,453 3,453 2,699
Total Exposures 36,371 38,802 39,651 40,812 39,322
Leverage Ratio 9.50% 8.90% 8.71% 8.46% 6.86%

# Unaudited figures.