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Citi Raises Base Rate

Published: 2022-07-27 20:15:00 ET
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NEW YORK--(BUSINESS WIRE)-- Citibank, N.A. said today it has raised its base lending rate to 5.50% from 4.75%, effective tomorrow, Thursday, July 28, 2022.

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Media: Danielle Romero-Apsilos (212) 816-2264 Investors: Jennifer Landis (212) 559-2718

Source: Citigroup Inc.