Results tagged as "emea"

  • Citi Jordan and Inclusive Finance: Advancing Financial Access for 10,000 Women

    By Nour Jarrar, CCO Citi Jordan and Kyla Gineitis, Vice President, Citi Inclusive Finance January 24, 2019 04:30 PM

    Despite significant progress in expanding financial access for underserved communities across the globe, one billion women remained unbanked in 2018, according to Global Findex data from the World Bank. Jordan is one country that in recent years has successfully advanced financial inclusion for women. In 2018, 26.6% of women in Jordan had a bank account, an increase of more than 10% since 2014 (15.5%). With just over one in ten women in Jordan participating in the formal economy, however, much more needs to be done to ensure that more women gain access to financial services.

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  • Using Technology to Improve Crop Yields for Smallholder Farmers

    By Bolaji Obe, VP, Citi Commercial Bank, Onesmus Mwangolo, Director, Local Corporates Head, Citi Kenya and Eugene Amusin, SVP, Citi Inclusive Finance July 30, 2018 11:00 AM

    Smallholder farmers own small plots of land, usually less than an acre in size, and rely primarily on family labor to grow enough food for subsistence -- and if there’s a surplus, for sale. However, even though these farmers produce four-fifths of the food consumed in Asia and sub-Saharan Africa, according to the United Nation’s International Fund for Agricultural Development (IFAD), low crop yields and uneven seasonal cash flows often mean that farmers face persistent cycles of hunger and poverty. These cycles have existed for generations, but new approaches are emerging to enable smallholder farmers to more effectively obtain the financial support they need to create more sustainable livelihoods for themselves while growing the overall economy.

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  • Citi’s Volunteer Africa program returns to Uganda in 2018

    By Raymond McGuire, Global Head of Corporate and Investment Banking, Tyler Dickson, Head of Global Capital Markets and Paco Ybarra, Global Head of Markets and Securities Services April 10, 2018 09:30 AM

    27 of Citi’s junior bankers have begun working with 18 Ugandan entrepreneurs as part of Citi’s Volunteer Africa program, in partnership with Balloon Ventures. This is now the third year of the programme and we are immensely excited about what will be achieved and the long term impact for both volunteers and entrepreneurs. We are particularly pleased that this year will see Analysts and Associates from across global CIB, CMO and EMEA Markets and Securities Services working together – a fantastic opportunity to build networks across businesses and geographies.

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  • Citi’s UK Gender Pay Gap

    By Jim Cowles, CEO, Citi Europe Middle East and Africa (EMEA) March 27, 2018 09:00 AM

    Today, we are disclosing the results of our UK Gender Pay Gap analysis, which looks at the compensation of our male and female colleagues in the UK. Our results reinforce that we need to hire more women, promote more women and retain more women. And we need to hold our company, and our leaders, accountable for making measurable progress in all three areas.

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  • Citi Turkey and Inclusive Finance: Driving Inclusive Economic Progress by Deepening Client Supply Chains

    By Monika Jonusauskiene, Vice President, Citi Inclusive Finance, and Mert Eren, Vice President, Citi Commercial Bank, Citi Turkey November 27, 2017 01:45 PM

    Turkey is the world’s largest exporter of dried fruits and nuts; its agriculture industry employs roughly 15 million people, nearly half of which are women. So if you’ve bought a package of dried figs or dates recently, they probably originated from Turkey. And if the fruit you bought was organic, or if you bought it from a large supermarket in the U.S. or Europe, the supplier was very likely Işık Tarım – one of Turkey’s leading organic produce manufacturers, a Citi Commercial Bank Turkey client, and the first non-financial institution to receive financing through Citi’s partnership with the U.S. Government’s Overseas Private Investment Corporation (OPIC) under its Global Inclusive Finance Framework.

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  • Pathways to Progress: Mpumelelo and Lawrence, Johannesburg

    August 23, 2017 09:30 AM

    Mpumelelo and Lawrence are young entrepreneurs who recently opened their first business venture – a coffee shop called Kofi in the Soweto Township of Johannesburg, South Africa. They opened Kofi after participating in TechnoServe’s Box Shop Program, which supports entrepreneurship by connecting local entrepreneurs with wider markets and linking them to stable supply chains.

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  • Pathways to Progress: Citi Enables Career Ready Interns in London

    By Peter Cunningham, Citi Europe, Middle East and Africa Head of Treasury & Trade Solutions Corporate Sales – Consumer & Healthcare August 17, 2017 03:00 PM

    I recently celebrated my 20th anniversary with Citi, after starting at the company fresh out of school. Despite the passage of time, I can still clearly remember the fear and trepidation of applying for and securing my first role as a Citi summer Intern, based in London. I am the first person in my immediate family to attend university and work for a large company, and I am humbled and consider myself to be very lucky in the career I have built at Citi. I can clearly remember the Intern recruitment process and feeling that I didn’t have the guidance, knowledge and connections that it seemed many of my Intern peers arrived with. These experiences instilled in me a sense of wanting to help others.

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  • Reflections from Volunteer Africa 2017

    By Manolo Falco, Corporate & Investment Banking Head, EMEA June 29, 2017 09:30 AM

    It is now just over a month since our Volunteer Africa program concluded, and our junior bankers from around the world are now safely back in their home countries. It was a truly rewarding experience for all involved, and I am very proud of the enthusiasm and energy of our volunteers, and of the real difference they have made during their five weeks in Uganda.

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  • #CitiVolunteers Deliver Fresh Food to Charities Across London

    By Rachael Barber, Head of Community Development, EMEA November 23, 2016 09:00 AM

    As we announced in September, we’re proud to be partnering with the Evening Standard’s #FoodforLondon campaign to help address food waste and food poverty in large urban centers like London. When the Evening Standard approached us in October asking for our help with distributing the boxes of fresh food they had been gifted at short notice, #CitiVolunteers stepped into action, helping to contact charities we work with whose clients desperately need better access to fresh food. Thanks to their efforts 250 food boxes were distributed to families in need through three charities– Brixton Soup Kitchen, Fight for Peace and Toynbee Hall.

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  • How an Integrated Healthcare Campus is Creating New Jobs and Fueling Economic Growth

    By David Dubin, Managing Director, Capital Markets, Citi and Kevin Ferran, Project & Infrastructure Finance Associate, Citi October 17, 2016 12:00 PM

    The Etlik Integrated Health Campus in Ankara, Turkey is an extraordinary testament to our company’s work on projects that create jobs and bring vital public services to communities around the world. The development of this state-of-the art health complex in the capital of Turkey will create thousands of new jobs and dramatically improve medical services to a region of more than four million residents. Once completed, the Etlik Integrated Health Campus will be among the largest hospitals in the world, and the second-largest in Turkey.

    The result of an innovative public-private partnership, the Etlik Integrated Health Campus was commissioned to alleviate mounting pressures on healthcare infrastructure in the greater Ankara area. Once up and running, is expected to provide services to up to 100,000 patients per year. As one of the project’s chief financial advisors, our team supported the project’s development with services ranging from financial planning to documentation to debt and equity reimbursement negotiations.

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