|
|
|
| Home>About Us>Citibank Singapore's Financial Strength |
|
 |
 |
| Citibank Singapore is financially strong and well capitalized. As of 31 December 2011, Citibank Singapore has S$1.5 billion in paid up capital and a total equity of S$4.7 billion. |
|
| As a Singapore incorporated company, we meet all regulatory requirements set by the Monetary Authority of Singapore. In terms of Capital Adequacy Ratios (CAR) set by the regulators, Citibank Singapore far exceeds the stipulated requirements. For tier 1 CAR, our ratio stands at 25.97% as at 31 December 2011, against the requirement of 6%. In terms of total CAR, the ratio stands at 26.25% against a 10% requirement. These ratios are amongst the highest in the industry. |
|
| Detailed information is stated below: |
|
| Citibank Singapore Limited CAR Disclosure |
|
 |
Currency |
|
31 Mar 2011# |
|
30 Jun 2011# |
|
30 Sep 2011# |
|
31 Dec 2011 |
|
31 Mar 2012# |
 |
|
Eligible Tier 1
Capital
(SG$MM) |
|
4,706 |
|
4,706 |
|
4,706 |
|
4,712 |
|
4,712 |
|
|
|
Total Eligible
Capital
(SG$MM) |
|
4,760 |
|
4,757 |
|
4,756 |
|
4,764 |
|
4,765 |
|
|
|
Tier 1 CAR |
|
29.38% |
|
28.81% |
|
27.03% |
|
25.97% |
|
25.03% |
|
|
|
Total CAR |
|
29.71% |
|
29.12% |
|
27.32% |
|
26.25% |
|
25.31% |
|
|
|
|
| # Unaudited figures. Year-end figures are audited. |
|
|
|
|
|
|
|
