Market Overview

Citi Named in Global Finance's "The Innovators 2017" Transaction Services List

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Citi has been included in Global Finance magazine's "The Innovators
2017" listing for transaction services. This is the publication's fifth
annual listing of global firms that are engendering innovation in
treasury and transaction processing. This honor recognizes Citi's
business strategy to deploy the CitiConnect® API across 96 countries
allowing Citi's treasury services clients to directly connect with Citi
to access services using their own Treasury Workstations or Enterprise
Resource Platform (ERP) providing convenience, potential cost savings,
and reduced risk.

Driven by strong client demand, banks are required to offer fully
automated solutions to process transactions from the corporate client's
own treasury platform directly to their banking partners. A key aspect
is to do this without having to rely on banking portals, proprietary
builds, or customized interfaces and applications. With the CitiConnect
API, there is no need for additional providers or services, as APIs
empower end-users to manage their transaction banking activity directly
from their own trusted applications. Clients now have choices of how,
where and when they access Citi's network. Citi has worked with a core
group of clients to launch the CitiConnect API service, which they have
integrated into their treasury processes to deliver payments real time
to Citi, and collect information on the status of their payments.

"New developments in transaction services are giving decision-makers
more granular detail at a faster pace, facilitating strategic thinking,"
said Joseph D. Giarraputo, publisher and editorial director of Global
Finance. "Of course, greater speed and efficiency are valued, but it is
business intelligence that delivers the greatest value."

"Our CitiConnect API provides our clients with a transformational
experience by enabling them to directly access our platform, leveraging
their own treasury application of choice", said Tapodyuti Bose, Global
Head of Channel, Enterprise and Account Services, Citi Treasury and
Trade Solutions. "Using this service helps our clients to have their
users manage their banking relationship efficiently and effectively
through a seamless interface experience directly from their trusted
screens".

The Innovators 2017 list will be published in Global Finance's June 2017
issue, along with details on selection criteria and an in-depth report
on how such innovation is evolving the transaction services landscape.

The CitiConnect API is an extension of CitConnect®, Citi's
industry leading connectivity platform, and is part of the omni-channel
electronic banking product suite that also includes CitiDirect BE®,
CitiDirect BE® Mobile and CitiDirect BE® Tablet.
All payment instruments across the countries supported by Citi through
the CitiConnect platform are available.

Citi Treasury and Trade Solutions (TTS) enables our clients' success by
providing an integrated suite of innovative and tailored cash management
and trade finance services to multinational corporations, financial
institutions and public sector organizations across the globe. Based on
the foundation of the industry's largest proprietary network with
banking licenses in over 90 countries and globally integrated technology
platforms, TTS continues to lead the way in offering the industry's most
comprehensive range of digitally enabled treasury, trade and liquidity
management solutions.

For a copy of the Global Finance press release, see the link here: http://www.gfmag.com/media/press-releasess/global-finance-names-innovators-2015-transaction-services.

About Citi:

Citi, the leading global bank, has approximately 200 million customer
accounts and does business in more than 160 countries and jurisdictions.
Citi provides consumers, corporations, governments and institutions with
a broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, securities
brokerage, transaction services, and wealth management.

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

About Global Finance:

Global Finance, founded in 1987, has a circulation of 50,000 and
readers in 192 countries. Global Finance's audience includes senior
corporate and financial officers responsible for making investment and
strategic decisions at multinational companies and financial
institutions. Its website — GFMag.com — offers analysis and articles
that are the heritage of 30 years of experience in international
financial markets. Global Finance is headquartered in New York, with
offices around the world. Global Finance regularly selects the top
performers among banks and other providers of financial services. These
awards have become a trusted standard of excellence for the global
financial community.

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