Citibank: Decides to temporarily close some branches but will not leave the Middle East

On March 14th, local time, Citibank announced the latest updates on its Middle East operations. Citibank stated that it will continue to provide uninterrupted services to clients in the UAE and Bahrain. Employee safety is the top priority, and Citibank is taking ongoing measures to ensure the safety of employees and their families. At the same time, the bank continues to serve its clients and has developed strong emergency and resilience plans to ensure business continuity.

Regarding offices and branches in the UAE and Bahrain, Citibank said that the decision to evacuate three buildings and temporarily close some branches aligns with its commitment to prioritize the safety of colleagues. All staff members are safe, and Citibank will continue to serve its clients. Additionally, Citibank clarified that there have been no attacks on its branches in the UAE or Bahrain.

Furthermore, Citibank stated that it will not exit the Middle East. The Citibank Group recognizes its indispensable role within its global network and has maintained continuous operations in the region for over sixty years. Citibank expressed confidence in the resilience and maturity of the regional economy, as well as the effectiveness and agility of the UAE leadership in responding to the situation. As a trusted partner, we leverage our global expertise to enhance our clients’ operational resilience during this unprecedented time.