Citigroup Says to Expand Consumer Banking in Asia

Citigroup Inc., the world’s largest financial services company, plans to open another 200 consumer finance branches across Asia in 2005 as it targets double-digit growth in the region, a top bank official said.

“We will be opening 200 branches across Asia for consumer finance,” Marjorie Magner, Chairman and Chief Executive Officer, Global Consumer Group, for Citigroup, told a news conference on Tuesday.

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