CITIBANK SINGAPORE FINANCIAL STRENGTH

Updated news.

Updated news.

Citibank Singapore is financially strong and well capitalized. As of 31 December 2022, 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 21.1% as at 31 December 2022, against the requirement of 8%. In terms of total CAR, the ratio stands at 21.6% 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 21 31 Mar 22# 30 Jun 22# 30 Sep 22# 31 Dec 22#
(in S$ million)
Common Equity Tier 1 Capital 4,093 4,055 4,081 4,119 3,635
Eligible Tier 1 Capital 4,093 4,055 4,081 4,119 3,635
Total Eligible Capital 4,171 4,117 4,148 4,196 3,711
Total Risk Weighted Asset ("RWA") 17,375 17,056 17,368 17,341 17,213
Capital Adequacy Ratio ("CAR")
Common Equity Tier 1 CAR 23.56% 23.77% 23.49% 23.75% 21.12%
Tier 1 CAR 23.56% 23.77% 23.49% 23.75% 21.12%
Total CAR 24.01% 24.14% 23.88% 24.20% 21.56%
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 4,093 4,055 4,081 4,119 3,635
Total Exposures 54,686 56,573 56,372 57,879 57,084
Leverage Ratio 7.48% 7.17% 7.24% 7.12% 6.37%

# Unaudited figures.