Citibank N.A. Kenya is a subsidiary of Citigroup, headquartered in New York, USA. It has been operating in Kenya since 1974, providing services to corporate clients, financial institutions, and the public sector.
Citibank is the largest global financial institution in the world, which operates in 95 countries and territories and supports its clients in nearly 160 countries and jurisdictions.
Martin Mugambi is the Citi Country Officer and Banking Head in Kenya.
Names and Level of Ownership of Significant Shareholders (owning 5% or more)
Citibank, N.A. Kenya Branch is wholly owned by Citicorp, which holds 100% ownership as the direct parent company. Citicorp is a bank holding company incorporated in the United States.
The ultimate owner of Citicorp is Citigroup, Inc., a publicly traded corporation listed on the New York Stock Exchange.
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Number and Percentage of Individual and Corporate Shareholders
Citibank, N.A. Kenya Branch has one corporate shareholder, Citicorp, which holds 100% of the ownership. There are no individual shareholders.ADVERTISEMENT -
Number and Percentage of Local and Foreign Ownership
The bank is entirely foreign-owned, with 0% local ownership. All ownership is held by corporate entities based in the United States, specifically Citicorp and its parent company, Citigroup, Inc.
Overall, First Quarter Performance
Citigroup Inc. reported a net income of $4.1 billion for the first quarter of 2025. This was an increase from $3.4 billion recorded during the same period in 2024. Earnings per share rose to $1.96, compared to $1.58 per diluted share in the first quarter of 2024.
The company’s total revenue also grew, reaching $21.6 billion, up from $21.0 billion in the previous year.
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Citibank Branches
Citibank has two branches, in Nairobi and Mombasa.
Branch Details
| Branch Code | Branch Name | Location | Contacts |
|---|---|---|---|
| 000 | Head Office, Nairobi | Citibank House, Upperhill Road, Nairobi | +254 20 275 4000 / +254 20 275 4444 |
| 400 | Mombasa Branch | Nkrumah Road, Mombasa | +254 41 222 2401 |
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Loans Offered by the Bank
1. Corporate Lending & Structured Finance
Citibank Kenya is a leading provider of corporate credit products, structured term loans, working capital financing, and project finance tailored to top-tier corporates, governments, and institutional clients. They also have competitive base lending rates (around 19% as of mid‑2025) for these loan products.
2. Supply Chain Finance & Working Capital Solutions
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Supply Chain Finance Programme: Provides working capital to women-owned SMEs and value-chain suppliers to Citibank’s multinational clients, aiming to integrate them into procurement internally.
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Partnership with 4G Capital (Kuza product): Includes Kenya-shilling term loans (~USD 3 million equivalent) to support last-mile FMCG distributors with inventory financing.
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