Citigroup Inc will wind down its consumer banking business in China in a move that will affect about 1,200 local employees, the bank said in a statement on Thursday.

The group had announced a plan in April 2021 to exit its Chinese consumer banking business as part of a global strategy to withdraw from consumer franchises in 14 markets in Asia, Europe, the Middle East, Africa and Mexico.

花旗中国宣布：逐步关闭中国大陆个人银行业务

12月15日，据花旗银行（中国）有限公司（以下简称“花旗中国”）在其官网发布通知表示，花旗之前已宣布战略调整和转型，将在亚洲、欧洲、中东、非洲和墨西哥的全球14个市场中退出个人银行业务，包括中国大陆市场。

在过去数月中，花旗仔细评估了各种方案的可能性，最终决定逐步关闭花旗中国个人银行业务，涵盖银行卡、房贷、个人贷款、存款、投资、保险和外汇。

花旗还表示，在逐步关闭个人业务的过程中，花旗将继续寻求单独出售中国大陆个人银行业务中的个体业务的可能性。

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